2024 Unemployment Rate Australia 2022. Unemployment rate remained at 4.1%. Broader measures of labour underutilisation are also anticipated to be around their lowest levels in many years as firms increase the hours of workers in.

Unemployment rate in australia averaged 6.59 percent from 1978 until 2024, reaching an all time high of 11.20 percent in. An explanation about the role of full employment in monetary policy was provided in the february statement on monetary policy (rba 2024).