Australia Unemployment Rate March 2024. Aird expects the nation’s unemployment rate to rise over 2024 to 4.5% by year’s end, which would be 0.2% higher than the reserve bank of australia’s (rba) target. Australia’s seasonally adjusted unemployment rate stood at 4.1% in october 2024, holding steady for the third consecutive month and matching market estimates.
In trend terms, in october 2024: Australia’s economy slows down to a crawl, growing at just 0.2% in the last quarter, quashed by the 13 interest rate hikes by australia’s central bank.
Australia Unemployment Rate March 2024 Images References :