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Australia Annual Unemployment Rate

Australia's annual unemployment rate rose to 4.07% in 2024, up from 3.67% in 2023, according to World Bank. This represents an increase of 0.4% from the previous year. Australia has annual unemployment rate lower than the global median (4.07% vs median 5.23%). Compared with the median in Oceania, Australia is lower (4.07% vs regional median 4.55%) and ranks 8th out of 11 countries in Oceania.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 4.07%
2023 3.67%
2022 3.73%
2021 5.12%
2020 6.46%
2019 5.16%
2018 5.3%
2017 5.59%
2016 5.71%
2015 6.06%
2014 6.08%
2013 5.66%
2012 5.22%
2011 5.08%
2010 5.21%
2009 5.57%
2008 4.24%
2007 4.38%
2006 4.78%
2005 5.04%
2004 5.4%
2003 5.93%
2002 6.38%
2001 6.75%
2000 6.29%
1999 6.88%
1998 7.68%
1997 8.37%
1996 8.51%
1995 8.47%
1994 9.72%
1993 10.88%
1992 10.73%
1991 9.59%
Australia Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Australia's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 62.36% 62.37% 2024
Unemployment Rate 4.5% 4.3% Sep'25