Forex Fundamentals
Australia Unemployment Rate

Australia Unemployment Rate 16 May 2024

Australia Unemployment Rate 16 May 2024: 4.1% for April 2024, above the 3.9% forecast and against 3.9% in March 2024 (first reported as 3.8%). It is the highest reading since January 2024. 4 of the last 12 releases came in above the forecast. It was released on Thu 16 May 2024 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
4.1%
April 2024
Forecast
3.9%
The market consensus
Previous
3.9%
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 16 May 2024: 4.1% for April 2024 against a 3.9% 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 16 May 2024: 4.1% vs 3.9% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-unemployment/2024-05-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 May 2024Apr4.1%3.9%3.9%
18 Apr 2024Mar3.8%3.9%3.7%
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%
The release before:Australia Unemployment Rate 18 April 2024The release after:Australia Unemployment Rate 13 June 2024Australia Unemployment Rate: every recent resultThis week’s economic calendar