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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 755,300 in August 1997 to 583,000 in September 2000, before rising to 681,300 in October 2001. The trend has since generally fallen to stand at 467,100 in August 2007.
The trend unemployment rate generally fell from 8.2% in August 1997 to 6.0% in September 2000. After rising to 7.0% in October 2001, the trend has generally fallen to stand at 4.3% in August 2007.
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