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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons fell from 647,700 in June 1999 to 583,000 in September 2000, before rising to 682,200 in October 2001. The trend generally fell to 460,500 in March 2008, before rising to stand at 668,400 in June 2009.
The trend unemployment rate generally fell from 6.9% in June 1999 to 6.0% in September 2000, before rising to 7.0% in September 2001. The trend generally fell to an historical low of 4.1% in March 2008, before rising to stand at 5.8% in June 2009.
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