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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons fell from 686,100 in January 1999 to 583,000 in September 2000, before rising to stand at 681,200 in October 2001. The trend generally fell to 457,800 in February 2008, before rising to stand at 521,200 in January 2009.
The trend unemployment rate generally fell from 7.3% in January 1999 to 6.0% in September 2000, before rising to 7.0% in October 2001. The trend generally fell to 4.1% in February 2008, before rising to stand at 4.6% in January 2009.
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