However, following the peak in 2010, the working-age population percentage faced fluctuations, dropping to by 2022. This decline may reflect demographic challenges, including an aging population and shifts in workforce participation rates among younger generations. Additionally, economic factors, such as the impact of the COVID-19 pandemic, have influenced labor market dynamics.
Discover additional trends and data on Australia’s shifting median age, Australia's fertility rate, military personnel as a share of population in Australia.