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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 727,000 in February 1998 to 582,900 in September 2000, before rising to 681,100 in October 2001. The trend has since generally fallen to stand at 456,000 in February 2008.
The trend unemployment rate generally fell from 7.8% in February 1998 to 6.0% in September 2000. After rising to 7.0% in October 2001, the trend has generally fallen to stand at 4.1% in February 2008.
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