Australia's Unemployment Rate

Australia's seasonally adjusted unemployment rate stood at 5.7 percent in May of 2016, unchanged from the previous two months and matching market consensus. The economy added 17,900 jobs and the number of unemployed increased by 1,600. Unemployment Rate in Australia averaged 6.94 percent from 1978 until 2016, reaching an all time high of 11.10 percent in October of 1992 and a record low of 4 percent in February of 2008. Unemployment Rate in Australia is reported by the Australian Bureau of Statistics.