Unemployment 2024 Trading Economics. Australia’s seasonally adjusted unemployment rate stood at 4.1% in october 2024, holding steady for the third consecutive month and matching market estimates. The unemployment rate rose by 0.2 percentage point to 3.9 percent in february 2024, and the number of unemployed people increased by 334,000 to 6.5 million.


Unemployment 2024 Trading Economics

Unemployment is a key economic indicator because it signals the ability (or inability) of workers to obtain gainful work and contribute to the productive output of the economy. Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news.

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