The UK has fewer unemployed people than Australia for the first time on record
In April 2015, the United Kingdom had fewer unemployed people (763,800) than did Australia (769,500). This is the first time this has happened since February 1978, when the Australian Bureau of Statistics began reporting these statistics.
The number of unemployed people has decreased sharply in the UK and was slowly increasing in Australia for the past several years, resulting in this historic intersection.
The population of the United Kingdom is about 64.5 million, while the population of Australia is 23.8 million.
The largest number of unemployed people in the United Kingdom was 3.09 million in July 1986. The current number is the lowest since February 1978.
For the same period in Australia, the largest number of unemployed people was 959,300 in December 1992.
Unemployed people are defined as those aged 16 or older who do not have a job, who are available to start work in the next two weeks and who have either been actively seeking work during the previous four weeks or are waiting to start a new job they have already obtained. The number of unemployed people is reported monthly and adjusted seasonally.