Unemployment slips in September

The nation's unemployment rate slipped slightly to 5.2 per cent in September due to a small fall in the proportion of Australians looking for work.

The result means the economy has now recorded three years of unbroken jobs growth. The last time the number of jobs fell in a month was August 2016.Total employment growth was driven by women with the number of men holding down a job falling by 6700 through the month.The more stable measure of trend unemployment stayed at 5.3 per cent.

Elsewhere, it rose slightly in Queensland to 6.5 per cent, fell by 0.1 percentage points in WA to 5.7 per cent, dropped by 0.2 percentage points in Tasmania to 6.2 per cent, rose to 5.6 per cent in the Northern Territory and remained steady at 3.5 per cent in the ACT. "In these circumstances the lower unemployment rate is unlikely to lead to an acceleration in the pace of wage rises; those that have left the labour force can easily re-enter when conditions improve."

More LNP lies They fudge the figures absolutely and completely If this was true, the economy wouldnt be tanking would it?

Yeah because they have given up.

Don’t you mean improved slightly?

The unemployment rate will not fall until the private employment agencies actually do their job and help them find jobs not make money from the government. Bring back the CES.

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business demands 'spark' to stimulate economyThe manufacturing sector is demanding a financial stimulus 'spark' to head off a lift in unemployment, as the Morrison government reveals it is building a budget surplus in case the economy deteriorates Would a newstart increase fit the bill? nobby15 The Coalition has been working towards Recession for many years. The FakeSurplus is a drop in the bucket, and will do nothing to rescue a deliberately trashed economy. . I would expect the Liberals to refute the IMF's summation as more NegativeGlobalisation Twat destroyed the manufacturing industry by not putting a gas reservation in which would have played into the energy sector. But hey why not sell it all off and we will import it back and rent back the electricity infrastructure from overseas ownership.
Source: smh - 🏆 6. / 80 Read more »