Current Unemployment Rate Australia 2024. The unemployment rate has climbed to 4.2 per cent in july — its highest level since november 2021 — as australia's economy continues to slow down. According to the reserve bank of australia (rba), australia’s official unemployment rate will grow to 4.5% by the end of 2024, up from 3.6% percent now.
Information on trend breaks can be found in labour force, australia methodology,. Australia’s headline unemployment rate was 4 per cent in may, down 0.1 percentage points from april.
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