Labor Force Participation Rate in Australia decreased to 66.60 percent in December from 66.80 percent in November of 2022. source: Australian Bureau of Statistics
Labor Force Participation Rate in Australia averaged 63.52 percent from 1978 until 2022, reaching an all time high of 66.80 percent in June of 2022 and a record low of 60.10 percent in April of 1983. This page provides the latest reported value for - Australia Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Australia Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Labor Force Participation Rate in Australia is expected to be 66.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Labor Force Participation Rate is projected to trend around 66.80 percent in 2024 and 67.00 percent in 2025, according to our econometric models.