Australia

Unemployment rate

The unemployment rate measures the share of the labor force actively looking for work but not employed. It is a lagging but essential gauge of labor-market slack.

Unemployment Rate - Australia

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The reading right now

As of January 2025, Unemployment rate for Australia stood at 4.09%. That is up 0.15 percentage points from the prior year. Over the trailing five years, the series has averaged 4.09%, ranging from a low of 3.67% in January 2023 to a high of 5.02% in January 2021. The current reading sits 0.77 percentage points below its trailing ten-year mean of 4.86%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.