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FinVolio

Economy · Australia · Employment

Australian unemployment rate

4.7% in September 2026, little changed from 4.7% in August 2026.

Monthly · % · Highest since October 2021 · Updated 5 hrs ago

Next: Labour force: jobs and unemployment, Thu, 19 Nov, 11:30am Sydney time

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Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more
3.4% Oct 20227.4% Jul 2020
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more
+0.3 ptsfrom 4.4%
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more
+0.3 ptsfrom 4.4%
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more
5.3%since 1999
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more
27thpercentile: higher than 27% of readings since 1999

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

%, monthly

Show the data
Period%
September 20264.7%
August 20264.7%
July 20264.5%
June 20264.4%
May 20264.4%
April 20264.5%
March 20264.3%
February 20264.3%
January 20264.1%
December 20254.1%
November 20254.3%
October 20254.3%
September 20254.4%
August 20254.2%
July 20254.3%
June 20254.3%
May 20254.1%
April 20254.1%
March 20254.1%
February 20254.1%
January 20254.1%
December 20244.0%
November 20243.9%
October 20244.1%

The latest 24 readings in this range.

Source: Australian Bureau of Statistics, LF. Data from January 1999.

Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more

Thu, 19 Nov, 11:30am Sydney time · Labour force: jobs and unemployment

Estimates are made in the three weeks before a release.

Track record for this indicator: AI 100% of actuals inside its range over 1 releases, average miss 0.1; model 100% over 1, average miss 0.0.

PeriodEstimateActualMiss
September 2026AI4.6%4.7%0.1

Estimates are FinVolio's own, made from this series and related indicators. They are not a consensus forecast and not advice.

What it measures

The share of the labour force aged 15 and over without a job and looking for one, seasonally adjusted, from the ABS Labour Force survey.

Why it matters

The Reserve Bank weighs it directly when setting rates. A rising rate usually comes before slower consumer spending.