Australia: Labor cost

* indicates monthly or quarterly data series
The most recent value is 155.3 index points as of Q1 2025, an increase compared to the previous value of 153.9 index points. Historically, the average for Australia from Q3 1997 to Q1 2025 is 107.43 index points. The minimum of 66.6 index points was recorded in Q3 1997, while the maximum of 155.3 index points was reached in Q1 2025. Click on the following link to see the values of: Labor cost around the world.
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* indicates monthly or quarterly data series

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Recent values Australia: Labor cost index
2025  Q1 155.3
2024  Q4 153.9
2024  Q3 152.8
2024  Q2 151.5
2024  Q1 150.2
2023  Q4 149.1
2023  Q3 147.5
2023  Q2 145.6


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Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.

 Related indicators Latest Reference Measure
 Labor force 14.50 2023 million people
 Unemployment rate 3.67 2023 percent
 Female unemployment 3.56 2023 percent
 Male unemployment 3.76 2023 percent
 Youth unemployment 8.57 2023 percent
 Labor force participation 66.37 2023 percent
 Labor force: percent female 47.00 2023 percent
 Female labor force participation 61.52 2023 percent
 Male labor force participation 71.36 2023 percent
 Hours worked 1,713.11 2023 hours
 Self-employment 15.87 2022 percent
 Employment 14.57 3/2025 million employed people
 Unemployment rate 4.31 3/2025 percent
 Labor cost 155.30 Q1/2025 index points
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