Labour Market, Australia, February 2026

Labour Market Update: February 2026

Trend Data Highlights

• The unemployment rate dropped to 4.2%.
• The participation rate held steady at 66.8%.
• Total employment rose to 14,721,400 people.
• The employment-to-population ratio climbed to 64.0%.
• The underemployment rate remained unchanged at 5.9%.
• Total monthly hours worked increased to 2,009 million.

Seasonally Adjusted Figures

• The unemployment rate edged up to 4.3%.
• The participation rate grew to 66.9%.
• Total employment reached 14,748,700 people.
• The employment-to-population ratio stayed at 64.0%.
• The underemployment rate was steady at 5.9%.
• Total monthly hours worked fell slightly to 2,007 million.