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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 721,400 in September 1998 to 583,000 in September 2000, before rising to 681,100 in October 2001. The trend generally fell to 459,900 in February 2008, before generally rising to stand at 474,100 in September 2008.
The trend unemployment rate generally fell from 7.7% in September 1998 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 slightly in April 2008 to stand steady at 4.2% through to September 2008.
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