Australian Unemployment Rate 2024. In the most recent labour force survey, the unemployment rate fell from 4.1% to 4.0% in may, with employment increasing by ~40k. The unemployment rate in australia increased to 4.2% in july 2024, according to the australian bureau of statistics.

The reserve bank of australia (rba) provides a monthly snapshot of key economic indicators, such as growth, inflation, unemployment, wages, and trade. Participation rate decreased to 66.6%.