Forex Fundamentals
Australia Unemployment Rate

Australia Unemployment Rate 21 March 2024

Australia Unemployment Rate 21 March 2024: 3.7% for February 2024, below the 4% forecast and down from 4.1% in January 2024. It is the lowest reading since October 2023. 5 of the last 12 releases came in below the forecast. It was released on Thu 21 Mar 2024 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
3.7%
February 2024
Forecast
4%
The market consensus
Previous
4.1%
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 21 March 2024: 3.7% for February 2024 against a 4% 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 21 March 2024: 3.7% vs 4% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-unemployment/2024-03-21

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
21 Mar 2024Feb3.7%4%4.1%
15 Feb 2024Jan4.1%4%3.9%
18 Jan 2024Dec3.9%3.9%3.9%
14 Dec 2023Nov3.9%3.8%3.8%
16 Nov 2023Oct3.7%3.7%3.6%
19 Oct 2023Sep3.6%3.7%3.7%
14 Sep 2023Aug3.7%3.7%3.7%
17 Aug 2023Jul3.7%3.6%3.5%
20 Jul 2023Jun3.5%3.6%3.5%
15 Jun 2023May3.6%3.7%3.7%
18 May 2023Apr3.7%3.5%3.5%
13 Apr 2023Mar3.5%3.6%3.5%
The release before:Australia Unemployment Rate 15 February 2024The release after:Australia Unemployment Rate 18 April 2024Australia Unemployment Rate: every recent resultThis week’s economic calendar