Forex Fundamentals
Australia Unemployment Rate

Australia Unemployment Rate 19 November 2020

Australia Unemployment Rate 19 November 2020: 7% for October 2020, below the 7.2% forecast and up from 6.9% in September 2020. It is the highest reading since July 2020. It is the fourth release in a row below the forecast. It was released on Thu 19 Nov 2020 at 00:30 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%
October 2020
Forecast
7.2%
The market consensus
Previous
6.9%
As the source gives it

What a print like this usually does

Below the forecast: A lower-than-expected rate can support the Australian dollar, especially if employment gains and participation confirm a genuinely tight market.

Australia Unemployment Rate 19 November 2020: 7% for October 2020 against a 7.2% 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 19 November 2020: 7% vs 7.2% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-unemployment/2020-11-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Nov 2020Oct7%7.2%6.9%
15 Oct 2020Sep6.9%7.1%6.8%
17 Sep 2020Aug6.8%7.7%7.5%
13 Aug 2020Jul7.5%7.8%7.4%
16 Jul 2020Jun7.4%7.4%7.1%
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%
The release before:Australia Unemployment Rate 15 October 2020The release after:Australia Unemployment Rate 17 December 2020Australia Unemployment Rate: every recent resultThis week’s economic calendar