LU3: Combined rate of unemployment and potential labour force in Australia
Australia: LU3: Combined rate of unemployment and potential labour force was 5.52 in 2021. ▼ Falling
LU3: Combined rate of unemployment and potential labour force in Australia, 2014–2021
Source: International Labour Organization.
Analysis
The most recent figure for lu3: combined rate of unemployment and potential labour force in Australia is 5.52, measured in 2021. That is the lowest value across all 8 years on record.
The figure is down 28.3% on the previous year and down 25.1% over ten years.
That places Australia 51st out of 63 countries with data for 2021, putting it in the bottom quarter.
LU3: Combined rate of unemployment and potential labour force in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 7.37 | — |
| 2015 | 6.58 | -10.7% |
| 2016 | 6.62 | +0.6% |
| 2017 | 6.04 | -8.8% |
| 2018 | 5.92 | -2.1% |
| 2019 | 6.11 | +3.2% |
| 2020 | 7.71 | +26.1% |
| 2021 | 5.52 | -28.3% |
Australia compared with similar countries
- Australia's 5.52 is below the median for high income countries, which is 7.94, 70% of the median. (47 countries reporting)
- Australia's 5.52 is above the median for East Asia & Pacific, which is 5.52, 1.0× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.44 | 5.92 | 7.37 | 6 |
| 2020s | 6.61 | 5.52 | 7.71 | 2 |
Countries ranked near Australia
More work & labour data for Australia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.5057 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4907 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.5202 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -0.9895 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8931 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 30,186 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,001 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 21,642 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 21,502 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 43,144 1000 No (2100)
Frequently asked questions
- What is lu3: combined rate of unemployment and potential labour force in Australia?
- Lu3: combined rate of unemployment and potential labour force in Australia was 5.52 in 2021, according to International Labour Organization.
- What is the highest lu3: combined rate of unemployment and potential labour force recorded in Australia?
- The highest recorded value was 7.71 in 2020.
- What is the lowest lu3: combined rate of unemployment and potential labour force recorded in Australia?
- The lowest recorded value was 5.52 in 2021.
- How does Australia rank for lu3: combined rate of unemployment and potential labour force?
- Australia ranks 51st out of 63 countries with data for 2021.
- Is lu3: combined rate of unemployment and potential labour force rising or falling in Australia?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Labour Organization, published as part of LU3: Combined rate of unemployment and potential labour force (current ILO definition - ICLS19) (15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series includes only countries for which the 19th ICLS definitions are applied. LU3 represents the share of the extended labour force that are in unemployment or the potential labour force. For more information, refer to the Work Statistics -- 19th ICLS (WORK) database description.