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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 723,800 in March 1998 to 582,800 in September 2000, before rising to 681,000 in October 2001. The trend has since generally fallen to stand at 449,400 in March 2008.
The trend unemployment rate generally fell from 7.8% in March 1998 to 6.0% in September 2000. After rising to 7.0% in October 2001, the trend has generally fallen to stand at 4.0% in March 2008.
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