Australia Employment To Population Ratio: National Estimate: Aged 15-24

Australia Employment To Population Ratio: National Estimate: Aged 15-24 data was reported at 64.925 % in 2023. This records a decrease from the previous number of 65.372 % for 2022. Australia Employment To Population Ratio: National Estimate: Aged 15-24 data is updated yearly, averaging 60.749 % from Dec 1979 (Median) to 2023, with 45 observations. The data reached an all-time high of 65.372 % in 2022 and a record low of 55.981 % in 1993. Australia Employment To Population Ratio: National Estimate: Aged 15-24 data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Employment and Unemployment. Employment to population ratio is the proportion of a country's population that is employed. Employment is defined as persons of working age who, during a short reference period, were engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period (i.e. who worked in a job for at least one hour) or not at work due to temporary absence from a job, or to working-time arrangements. Ages 15-24 are generally considered the youth population.;International Labour Organization. “Labour Force Statistics database (LFS)” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;The series for ILO estimates is also available in the WDI database. Caution should be used when comparing ILO estimates with national estimates.

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