Published on July 13th, 2012 | by john.weir3
Western Australia remains the country’s jobs powerhouse
The latest jobs figures indicate that Western Australia is still driving Australia’s economy and creating thousands of jobs.
The state’s unemployment rate dropped by 0.3 per cent to 3.5 per cent in June. By comparison, the national unemployment rate rose to a three-month high of 5.2 per cent, up from 5.1 per cent in May. Full-time employment across WA increased by 6,500 jobs in June to an all-time high of 934,400, but tumbled by 33,500 to 8,065,500 nationally.
“This demonstration of the strength of the state’s labour market is clear evidence of the requirement for continued investment in infrastructure, and this is why we need the Commonwealth to return a fair share of WA’s GST,” WA Treasurer Troy Buswell said in a statement.
“It is clearly in the best interests of the nation for WA to have the funds to continue to invest in social and economic infrastructure to maximise our opportunities.”
The average unemployment rate for WA during the 2011/12 financial year was four per cent.
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