Historical Year Data · 2023
Australia Unemployment in 2023
Australia Unemployment opened 2023 at 3.66% and closed at 3.97%, a +8.60% move for the year. The high of 3.97% was reached on December 1, and the low of 3.52% on June 1.
Open
3.66%
2023-01
Close
3.97%
12 data points
High
3.97%
Dec 1
Low
3.52%
Jun 1
Full Year Change
+8.60%
2022 Change
-15.47%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 3.66% | 3.66% | 3.66% | 3.66% | +0.00% |
| Feb | 3.62% | 3.62% | 3.62% | 3.62% | +0.00% |
| Mar | 3.59% | 3.59% | 3.59% | 3.59% | +0.00% |
| Apr | 3.73% | 3.73% | 3.73% | 3.73% | +0.00% |
| May | 3.59% | 3.59% | 3.59% | 3.59% | +0.00% |
| Jun | 3.52% | 3.52% | 3.52% | 3.52% | +0.00% |
| Jul | 3.72% | 3.72% | 3.72% | 3.72% | +0.00% |
| Aug | 3.68% | 3.68% | 3.68% | 3.68% | +0.00% |
| Sep | 3.56% | 3.56% | 3.56% | 3.56% | +0.00% |
| Oct | 3.77% | 3.77% | 3.77% | 3.77% | +0.00% |
| Nov | 3.92% | 3.92% | 3.92% | 3.92% | +0.00% |
| Dec | 3.97% | 3.97% | 3.97% | 3.97% | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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