Decline In Jobless Rate In Western Australia

14 Dec 2010

As per latest official figures, the unemployment rate of Western Australia is the lowest in the nation. The number of new jobs created in the country was much higher than the number of job aspirants during November. The jobless rate declined from 5.4 percent in October this year to 5.2 percent in November.

As per official figures of the ABS (Australian Bureau of Statistics), a total of 55,100 full-time jobs have been created while the economists predicted addition of around 19,000 new jobs in Australia in November this year. And the creation of new full-time jobs in Australia has off-set a decline of 400 part-time jobs in the nation. A number of jobless people in Australia declined by 19,500 to 627,800 while the number of people having jobs in Australia increased to 54,600.

The rate of joblessness showed a decline in all the states of Australia with the only exception being Tasmania where the unemployment rate went up from 5.2 percent in October to 5.4 percent in November this year.

The jobless rate showed a decrease in New South Wales, South Australia, Victoria and Queensland.

The figures of employment in Australia represent a picture of a growing Australian economy thereby affirming the confidence in the Australian economy. This is creating the hope that the Australian government will help in boosting the supply for workforce in Australia by relaxing immigration rules.