Breaking News

Australia Participation Rate

Latest Release

May 18, 2023

Actual

66.7%

Forecast

66.7%

66.8%

The participation rate is an important indicator of the supply of labour. It measures the share of the working-age population either working or looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate.
A reading that is stronger than forecast is generally supportive (bullish) for the AUD, while a weaker than forecast reading is generally negative (bearish) for the AUD.

Importance:

Country:

Currency: AUD

Source: Australian Bureau of Statistic...

Release Date	Time	Actual	Forecast	Previous
Jun 15, 2023 (May)	11:30			66.7%
May 18, 2023 (Apr)	11:30	66.7%	66.7%	66.8%
Apr 13, 2023 (Mar)	11:30	66.7%	66.6%	66.7%
Mar 16, 2023 (Feb)	10:30	66.6%	66.6%	66.5%
Feb 16, 2023 (Jan)	10:30	66.5%	66.6%	66.6%
Jan 19, 2023 (Dec)	10:30	66.6%	66.8%	66.8%

News

Australian employment blows past expectations in March By Investing.com - Apr 13, 2023

By Ambar Warrick Investing.com -- Australia’s job market grew far more than expected in March, data showed on Thursday, pointing to a tight labor market that could keep inflation elevated and...

Australian employment rises more than expected in Feb By Investing.com - Mar 16, 2023

By Ambar Warrick Investing.com -- Australia’s job market grew more than expected in February, data showed on Thursday, while unemployment fell back to near 50-year lows as a higher-than-usual...

Australian jobs market cools further in Jan, unemployment grows By Investing.com - Feb 16, 2023

By Ambar Warrick Investing.com -- Australia’s job market unexpectedly cooled further in January, government data showed on Thursday, while unemployment rose amid increased economic headwinds and...

Analysis

Unemployment returns to 3.5% as workers commence new jobs By Hanan Dervisevic - Mar 16, 2023 1

The ABS has revealed a fall in the unemployment rate to 3.5% in February, likely pushing the RBA to hike interest rates once more in April. This was a decrease from a rate of 3.7% in January, driven...

The Overnight Report: Reality Bites By Greg Peel - Dec 16, 2022

By Greg Peel There She Goes I suggested yesterday might see some volatility with the ASX200 around the 7200 level, given derivative expiry day, and indeed there was. The morning was a madhouse of ups...

Labour market 'red-hot' as unemployment remains at 3.4% By Jacob Cocciolone - Dec 15, 2022

With a return to a record participation rate, the ABS has revealed the unemployment rate has remained at 3.4% in November. For another month, November labour force figures revealed the number of...

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