Unemployment Falls In Wa During September But New Job Creation Slows
October 23rd, 2017
THE nation’s unemployment rate has edged down to its lowest level since 2013 but there are signs the steam might be running out of the jobs market.
The Australian Bureau of Statistics reported this morning the unemployment rate fell to 5.5 per cent from 5.6 per cent.
Once taken to a second decimal point, the September result was the best for Australia since February 2013.
Nationally, 6100 full time jobs were created while another 13,700 part time jobs came on to the market.
While the total increase in employment was relatively small, the unemployment rate fell after the number of people without work edged down by almost 12,000.
In WA, the unemployment rate fell to 5.7 per cent from 5.9 per cent. Again, there were signs of a slowdown in job creation.
The State, on the more stable trend measure, added just 200 full time jobs through the month. It was the smallest increase since full time employment started growing last year.
Elsewhere, the jobless rate fell in Tasmania (to 5.7 per cent), NSW (to 4.6 per cent) and Victoria (to 6 per cent).
It increased in the Northern Territory (to 4.1 per cent), Queensland (to 5.9 per cent) and South Australia (to 5.8 per cent) while it was steady in the ACT (4.4 per cent).