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PRINCIPAL LABOUR FORCE SERIES TREND ESTIMATES
The trend estimate of unemployed persons generally fell from 703,200 in November 1998 to 583,000 in September 2000, before rising to stand at 681,100 in October 2001. The trend generally fell to 459,100 in February 2008, before rising to stand at 488,600 in November 2008.
The trend unemployment rate generally fell from 7.5% in November 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 to stand at 4.3% in November 2008.
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