Australia Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual
Compensation Rate
AU: Compensation Rate data was reported at 109,871.860 AUD in 2027. This records an increase from the previous number of 106,515.007 AUD for 2026. AU: Compensation Rate data is updated yearly, averaging 35,935.209 AUD from Dec 1964 (Median) to 2027, with 64 observations. The data reached an all-time high of 109,871.860 AUD in 2027 and a record low of 2,861.642 AUD in 1964. AU: Compensation Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. WSST-Compensation rate, total economy
| Last | Frequency | Range |
|---|---|---|
| 109,871.860 2027 | yearly | 1964 - 2027 |
View Australia's Compensation Rate from 1964 to 2027 in the chart:
Hours Worked per Person Employed
AU: Hours Worked per Person Employed data was reported at 1,629.939 Hour in 2024. This records a decrease from the previous number of 1,651.566 Hour for 2023. AU: Hours Worked per Person Employed data is updated yearly, averaging 1,735.653 Hour from Dec 1979 (Median) to 2024, with 46 observations. The data reached an all-time high of 1,821.909 Hour in 1979 and a record low of 1,616.618 Hour in 2020. AU: Hours Worked per Person Employed data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. HRS - Hours worked per worker, total economySeries not forecasted; Computed from total hours worked and total employment
| Last | Frequency | Range |
|---|---|---|
| 1,629.939 2024 | yearly | 1979 - 2024 |
View Australia's Hours Worked per Person Employed from 1979 to 2024 in the chart:
Unit Labour Cost
AU: Unit Labour Cost data was reported at 1.360 Index, 2015 in 2025. This records an increase from the previous number of 1.331 Index, 2015 for 2024. AU: Unit Labour Cost data is updated yearly, averaging 0.572 Index, 2015 from Dec 1960 (Median) to 2025, with 66 observations. The data reached an all-time high of 1.360 Index, 2015 in 2025 and a record low of 0.067 Index, 2015 in 1960. AU: Unit Labour Cost data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. ULC - Unit labour cost in total economyIndex, OECD reference year OECD calculation, see OECD Economic Outlook database documentation
| Last | Frequency | Range |
|---|---|---|
| 1.360 2025 | yearly | 1960 - 2025 |
View Australia's Unit Labour Cost from 1960 to 2025 in the chart:
Wage Rate
AU: Wage Rate data was reported at 97,230.503 AUD in 2027. This records an increase from the previous number of 94,259.874 AUD for 2026. AU: Wage Rate data is updated yearly, averaging 32,606.043 AUD from Dec 1964 (Median) to 2027, with 64 observations. The data reached an all-time high of 97,230.503 AUD in 2027 and a record low of 2,605.013 AUD in 1964. AU: Wage Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. WRT - Wage rate, total economy
| Last | Frequency | Range |
|---|---|---|
| 97,230.503 2027 | yearly | 1964 - 2027 |