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Australia Unemployment Rate (WEO)

ILO-modeled annual unemployment rate for Australia from the IMF WEO. Post-COVID rate dropped to its lowest since the 1970s before normalizing.

The Australia Unemployment Rate (WEO) is currently 4.09%, last updated .

4.09%
1W +3.75%1M +3.75%3M +3.75%
Updated 15h ago
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Asia Pacific macro diverges meaningfully from U.S. cycles. Japan's multi-decade disinflation, Korea's export-driven industrial cycle, and Australia's commodity-tilted economy each respond to different drivers. Monitoring the region alongside U.S. data reveals when a global story (the China credit cycle, the semiconductor cycle, global trade growth) is the real variable behind seemingly U.S.-centric moves.

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Recent Data

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DateValueChange
Dec 31, 20254.09%+3.75%
Dec 31, 20243.94%+7.47%
Dec 31, 20233.67%-1.61%
Dec 31, 20223.73%-25.77%
Dec 31, 20215.02%-21.46%
Dec 31, 20206.39%+24.32%
Dec 31, 20195.14%-3.78%
Dec 31, 20185.34%-4.42%
Dec 31, 20175.59%-2.08%
Dec 31, 20165.71%-5.68%
Dec 31, 20156.05%-0.38%
Dec 31, 20146.08%+7.33%
Dec 31, 20135.66%+8.38%
Dec 31, 20125.22%+2.79%
Dec 31, 20115.08%-2.51%
Dec 31, 20105.21%-6.31%
Dec 31, 20095.57%+31.19%
Dec 31, 20084.24%-3.17%
Dec 31, 20074.38%-8.44%
Dec 31, 20064.79%-4.98%
Dec 31, 20055.04%-6.72%
Dec 31, 20045.40%-9.00%
Dec 31, 20035.93%-6.93%
Dec 31, 20026.38%—

Related in Asia Pacific Labor

Japan Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for Japan from the IMF WEO. Structurally very low by G7 standards; demographics drag the labor force down.
China Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for China from the IMF WEO. The official urban survey rate runs close to 5%.
India Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for India from the IMF WEO. Headline rate masks structurally high youth and working-age underemployment.
South Korea Unemployment Rate (WEO)
ILO-modeled annual unemployment rate for South Korea from the IMF WEO. Structurally low; cyclically responsive to the chip-sector capex cycle.

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Australia Unemployment Rate (WEO) Outlook
Scenario-weighted forecast using regime implied approach.
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All Asia Pacific Data
Japan, Korea, Australia, New Zealand, Indonesia, and broader APAC. Rates, inflation, labor markets, and equity benchmark...

Frequently Asked Questions

▶What is Australia Unemployment Rate (WEO)?
ILO-modeled annual unemployment rate for Australia from the IMF WEO. Post-COVID rate dropped to its lowest since the 1970s before normalizing.
▶How does Australia Unemployment Rate (WEO) relate to asia pacific labor?
Australia Unemployment Rate (WEO) is part of the Asia Pacific Labor category. Asia Pacific macro diverges meaningfully from U.S. cycles. Japan's multi-decade disinflation, Korea's export-driven industrial cycle, and Australia's commodity-tilted economy each respond to different drivers. Monitoring the region alongside U.S. data reveals when a global story (the China credit cycle, the semiconductor cycle, global trade growth) is the real variable behind seemingly U.S.-centric moves.
▶How often is Australia Unemployment Rate (WEO) updated?
Australia Unemployment Rate (WEO) is updated annual. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source Australia Unemployment Rate (WEO) data?
Convex sources Australia Unemployment Rate (WEO) data from official government and market data providers. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the Australia Unemployment Rate (WEO) chart page?
The Australia Unemployment Rate (WEO) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated annual. This page is for informational purposes only and does not constitute financial advice.