Unemployment rate young vs older adults in Australia

Australia: Unemployment rate young vs older adults was 9.41 in 2024. ▼ Falling

Latest (2024)
9.41
Change on year
up 12.2%
World rank
125th
of 188 countries
All-time high
19.27
in 1992
All-time low
8.39
in 2023
Years of data
34
1991–2024

Unemployment rate young vs older adults in Australia, 1991–2024

051015201991200720241991: 17.51992: 19.31993: 18.51994: 16.91995: 15.21996: 15.61997: 15.81998: 14.51999: 13.12000: 12.12001: 13.52002: 12.82003: 122004: 11.42005: 10.62006: 102007: 9.42008: 8.82009: 11.52010: 11.52011: 11.42012: 11.72013: 12.22014: 13.32015: 13.12016: 12.62017: 12.62018: 11.92019: 11.52020: 14.12021: 11.12022: 8.52023: 8.42024: 9.4

Source: Our World in Data.

Analysis

The most recent figure for unemployment rate young vs older adults in Australia is 9.41, measured in 2024.

That represents a change of up 12.2% on the previous year and down 29.3% over ten years.

Over the whole period, unemployment rate young vs older adults in Australia peaked at 19.27 in 1992 and was at its lowest, 8.39, in 2023.

That places Australia 125th out of 188 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 34 years of available data.

Unemployment rate young vs older adults in Australia, year by year

Annual values for Unemployment rate young vs older adults in Australia, 1991 to 2024.
Year Value Change
1991 17.48
1992 19.27 +10.3%
1993 18.54 -3.8%
1994 16.87 -9.0%
1995 15.2 -9.9%
1996 15.64 +2.9%
1997 15.84 +1.3%
1998 14.46 -8.7%
1999 13.11 -9.3%
2000 12.08 -7.8%
2001 13.48 +11.5%
2002 12.79 -5.1%
2003 11.96 -6.5%
2004 11.37 -5.0%
2005 10.62 -6.6%
2006 10.03 -5.6%
2007 9.36 -6.6%
2008 8.81 -5.8%
2009 11.46 +30.0%
2010 11.55 +0.8%
2011 11.37 -1.5%
2012 11.73 +3.1%
2013 12.22 +4.2%
2014 13.31 +8.9%
2015 13.11 -1.5%
2016 12.64 -3.6%
2017 12.59 -0.4%
2018 11.94 -5.2%
2019 11.45 -4.0%
2020 14.14 +23.5%
2021 11.13 -21.3%
2022 8.47 -23.9%
2023 8.39 -0.9%
2024 9.41 +12.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.27 13.11 19.27 9
2000s 11.2 8.81 13.48 10
2010s 12.19 11.37 13.31 10
2020s 10.31 8.39 14.14 5

Countries ranked near Australia

  1. 122 Nicaragua 9.58 compare
  2. 123 Pakistan 9.52 compare
  3. 124 Hong Kong, China 9.51 compare
  4. 126 Turkmenistan 9.34 compare
  5. 127 Czechia 9.2 compare
  6. 128 Malta 9.12 compare

See the full ranking of 195 places →

More work & labour data for Australia

All data for Australia →

Frequently asked questions

What is unemployment rate young vs older adults in Australia?
Unemployment rate young vs older adults in Australia was 9.41 in 2024, according to Our World in Data.
What is the highest unemployment rate young vs older adults recorded in Australia?
The highest recorded value was 19.27 in 1992.
What is the lowest unemployment rate young vs older adults recorded in Australia?
The lowest recorded value was 8.39 in 2023.
How does Australia rank for unemployment rate young vs older adults?
Australia ranks 125th out of 188 countries with data for 2024.
Is unemployment rate young vs older adults rising or falling in Australia?
Over the last ten years it is down 29.3%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.

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Unemployment rate young vs older adults in Australia. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/unemployment-rate-young-vs-older-adults/australia/

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About this data

Indicator
Unemployment rate young vs older adults
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 6,621 data points, 1991–2024
Last refreshed