Forex Fundamentals
Australia Unemployment Rate

Australia Unemployment Rate 18 May 2023

Australia Unemployment Rate 18 May 2023: 3.7% for April 2023, above the 3.5% forecast and up from 3.5% in March 2023. It is the highest reading since January 2023. 5 of the last 12 releases came in above the forecast. It was released on Thu 18 May 2023 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
3.7%
April 2023
Forecast
3.5%
The market consensus
Previous
3.5%
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 May 2023: 3.7% for April 2023 against a 3.5% 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 May 2023: 3.7% vs 3.5% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-unemployment/2023-05-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 May 2023Apr3.7%3.5%3.5%
13 Apr 2023Mar3.5%3.6%3.5%
16 Mar 2023Feb3.5%3.6%3.7%
16 Feb 2023Jan3.7%3.5%3.5%
19 Jan 2023Dec3.5%3.4%3.5%
15 Dec 2022Nov3.4%3.4%3.4%
17 Nov 2022Oct3.4%3.6%3.5%
20 Oct 2022Sep3.5%3.5%3.5%
15 Sep 2022Aug3.5%3.4%3.4%
18 Aug 2022Jul3.4%3.5%3.5%
14 Jul 2022Jun3.5%3.8%3.9%
16 Jun 2022May3.9%3.8%3.9%
The release before:Australia Unemployment Rate 13 April 2023The release after:Australia Unemployment Rate 15 June 2023Australia Unemployment Rate: every recent resultThis week’s economic calendar