Youth Unemployment Rate in Australia increased to 15.60 percent in October from 14.50 percent in September of 2020. source: Australian Bureau of Statistics

Youth Unemployment Rate in Australia averaged 13.40 percent from 1978 until 2020, reaching an all time high of 20.10 percent in October of 1992 and a record low of 7.60 percent in August of 2008. This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Youth Unemployment Rate - values, historical data and charts - was last updated on November of 2020.

Youth Unemployment Rate in Australia is expected to be 15.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Australia to stand at 15.10 in 12 months time. In the long-term, the Australia Youth Unemployment Rate is projected to trend around 15.00 percent in 2021 and 13.00 percent in 2022, according to our econometric models.

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Australia Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
15.60 14.50 20.10 7.60 1978 - 2020 percent Monthly
SA

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.00 6.90 11.20 4.00 percent [+]
Employed Persons 12773.89 12595.07 12999.96 5997.66 Thousand [+]
Unemployed Persons 960.89 935.41 1008.30 364.69 Thousand [+]
Part Time Employment 81780.00 -2199.00 251875.00 -371435.00 Persons [+]
Full Time Employment 97000.00 -40300.00 97000.00 -236000.00 Persons [+]
Employment Change 178800.00 -42500.00 227800.00 -607400.00 Persons [+]
Labor Force Participation Rate 65.80 64.90 66.20 60.10 percent [+]
Youth Unemployment Rate 15.60 14.50 20.10 7.60 percent [+]
Labour Costs 94.00 104.80 104.80 43.30 points [+]
Productivity 100.20 100.00 104.21 55.70 points [+]
Job Vacancies 226.50 237.10 244.90 28.40 Thousand [+]
Job Advertisements 129544.25 118466.35 258089.47 64210.34 [+]
Wages 1304.70 1257.00 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1381.30 1350.60 1381.30 333.00 AUD/Week [+]
Wage Growth 1.40 1.80 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 AUD/week [+]
Population 25.60 25.18 25.60 10.39 Million [+]
Retirement Age Women 66.00 65.50 66.00 62.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Employment Rate 61.20 60.40 62.90 54.00 percent [+]