The data describes the unemployment rate in Australia from 2012 to 2017, with projections up until 2022. Unemployment occurs when people are without work, it is also known as joblessness. In order that the prevalence of unemployment can be measured, a calculation is made by the division of the number of unemployed individuals by all individuals currently in the labor force, this yields a percentage rate. In 2017, about 5.6% of the Australian population had been unemployed.
Unemployment in Australia The rising rate of Australian unemployment and the employment slowdown poses a challenge for the new Australian administration.
2012 | 5.23 |
2013 | 5.66 |
2014 | 6.07 |
2015 | 6.06 |
2016 | 5.71 |
2017 | 5.6 |
2018 | 5.25 |
2019 | 5.16 |
2020 | 4.95 |
2021 | 4.97 |
2022 | 4.96 |