Australia Unemployment Rate

Australia Unemployment Rate 18 June 2020

Australia Unemployment Rate 18 June 2020: 7.1% for May 2020, above the 7% forecast and against 6.4% in April 2020 (first reported as 6.2%). It is the highest of the last 12 releases. 2 of the last 12 releases came in above the forecast. It was released on Thu 18 Jun 2020 at 01:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
7.1%
May 2020
Forecast
7%
The market consensus
Previous
6.4%
As the source gives it

What a print like this usually does

Above the forecast: A clear rise above forecast can weaken the Australian dollar as it signals labour-market slack and may bring rate cuts closer.

Australia Unemployment Rate 18 June 2020: 7.1% for May 2020 against a 7% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Australia Unemployment Rate 18 June 2020: 7.1% vs 7% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-unemployment/2020-06-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 Jun 2020May7.1%7%6.4%
14 May 2020Apr6.2%8.3%5.2%
16 Apr 2020Mar5.2%5.5%5.1%
19 Mar 2020Feb5.1%5.3%5.3%
20 Feb 2020Jan5.3%5.2%5.1%
23 Jan 2020Dec5.1%5.2%5.2%
19 Dec 2019Nov5.2%5.3%5.3%
14 Nov 2019Oct5.3%5.3%5.2%
17 Oct 2019Sep5.2%5.3%5.3%
19 Sep 2019Aug5.3%5.3%5.2%
15 Aug 2019Jul5.2%5.2%5.2%
18 Jul 2019Jun5.2%5.2%5.2%