FULL-TIME JOBS GROWTH CONTINUES

Written on the 7 July 2011

FULL-TIME JOBS GROWTH CONTINUES

AUSTRALIA’s labour force continued its upwards trend of full-time employment in the month of June.

The latest ABS statistics show the unemployment rate remained steady at 4.9 per cent during June, but around 59,000 full-time jobs were created across the country. This was partially offset by a decrease in part-time employment of 35,600.

Just less than 11.5 million people are now employed across Australia, generating monthly aggregate hours worked of 1.6 billion.

Queensland Treasurer Andrew Fraser says the state has now experienced 20 straight months of full time employment growth.

“The trend unemployment rate in June dropped 0.1 percentage point to 5.2 percent, 0.4 percentage point lower than the recent peak in January.

"The drop in trend unemployment in June was supported by both part time and full time employment, which gained 1900 and 500 jobs respectively. Official figures now show there are 23,300 jobs to go before we hit the 100,000 (new) jobs target.

“Queensland is on a launch pad with a 140,000 jobs bonanza forecast over the next two years.”


Latest News

THE COMPANY THAT DECIDED IT WAS GOING TO GIVE A CRAP THANKS TO CROWD FUNDING

SIMON Griffiths is using toilet paper to save the world.

In 2012, on the back of an IndieGoGo crowdfunding campaig...

TECHNOLOGYONE OUTSTRIPS PROFIT EXPECTATIONS AS R&D SKYROCKETS

TECHNOLOGYONE (ASX: TNE) has surpassed market expectations to achieve a half-year profit after tax of $8.1 million, u...

CLASS ACTION FILED AGAINST SURFSTITCH AFTER ANOTHER EARNINGS WIPEOUT

AS ONLINE retailer SurfStitch (ASX: SRF) battles for survival following another negative earnings forecast, a $100 mi...

SURFSTITCH DOWNGRADES EARNINGS AS SHARES PLUNGE 25 PER CENT IN A DAY

TROUBLED online sports clothing retailer SurfStitch is considering selling off more of its assets and will close i...

Related News

THE COMPANY THAT DECIDED IT WAS GOING TO GIVE A CRAP THANKS TO CROWD FUNDING

SIMON Griffiths is using toilet paper to save the world.

In 2012, on the back of an IndieGoGo crowdfunding campaig...

SURFSTITCH DOWNGRADES EARNINGS AS SHARES PLUNGE 25 PER CENT IN A DAY

TROUBLED online sports clothing retailer SurfStitch is considering selling off more of its assets and will close i...

AUSCANN RESUMES TRADE AFTER $12 MILLION CAPITAL RAISING

IT'S BEEN a big few days for medical cannabis manufacturer AusCann (ASX: AC8), as the company emerged from a trad...

APN AND oOh!media MERGER CALLED OFF, CEO 'AMAZED' AT ACCC'S DECISION

THE PROPOSED $1.6 billion merger between Australia's two largest advertising groups, APN (ASX: APO) and oOh!me...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter