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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 747,700 in October 1997 to 583,000 in September 2000, before rising to 681,200 in October 2001. The trend has since generally fallen to stand at 471,100 in October 2007.
The trend unemployment rate generally fell from 8.1% in October 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 October 2007.
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