Australia

SA’s unemployment rate declines with the number of full-time jobs

South Australia’s unemployment rate has fallen by a full percentage point to 7.1%, shrugging Australia’s highest unemployment rate tag in the process.

Employment statistics for September were released this morning, revealing that the seasonally adjusted national unemployment rate rose slightly from 6.8% in August to 6.9%.

Surprisingly, the pandemic-stricken unemployment rate in Victoria fell from 7.1% in August to 6.7%, despite a 35,000 decline in employment, but participation fell by 1%. Did.

Queensland currently has the worst unemployment rate in Australia at 7.7%, followed by Tasmania (7.6%) and New South Wales (7.2%).

In September, South Australia’s employment increased by 8,700, while full-time employment decreased by 1,500.

The seasonally adjusted participation rate, which measures the proportion of the working-age population during employment or employment, was stable at 62.5%.

Nationally, participation has dropped to 64.8% and employment has dropped to 12,571,900.

The monthly underemployment rate increased slightly to 11.4%.

Innovation and Skills Minister David Pisoni said another 36,000 South Australians have found jobs in the last four months, and maintaining and expanding employment has been a top priority for the state government.

“We are doing our best to help as many local jobs as possible overcome the biggest economic challenges of our time, so we have 2 billion, including significant payroll and land tax reductions. We are taking measures to stimulate the dollar’s economy, “he said.

The government has provided $ 10,000 in emergency cash grants to more than 18,000 companies and nonprofits, and has spent $ 12 billion in infrastructure spending over four years, according to Pisoni.

Help our journalists reveal the facts

In these times, InDaily offers valuable local independent journalism in South Australia. As a news organization, you can get a free and detailed look at the alternative to The Advertiser, another voice, and what’s happening in our city and state. We would appreciate it if you could contribute to fund our work. Click below to donate to InDaily.

Donate here

powered by
PressPatron



Place of originSA’s unemployment rate declines with the number of full-time jobs

Back to top button