Well Done Conservatives

[Aloysius]

http://www.theaustralian.com.au/business...15a72169be

 

"Unemployment falls to 5.6pc in July

 

 


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Australia’s economy continued to create jobs at a fast pace in July, lowering unemployment and signalling rising momentum in the economy.

The number of people employed rose 27,900, the Australian Bureau of Statistics said.

That compared with an increase of 20,000 forecast by economists ahead of the release.

Unemployment fell, as expected, to 5.6 per cent in July from an upwardly revised 5.7 per cent in June.

The number of people in full-time work fell 20,300 in July, while those in part-time work rose 48,200.

The bureau said its seasonally adjusted workforce participation rate rose to 65.1 per cent in July from 65.0 per cent in June.

The economy has churned out 240,000 new jobs in the last year, of which 200,000 have been full-time positions.

The Reserve Bank of Australia"

 

Well done Federal government
!!!

  Creation of 200,000 full time jobs - that's something to be happy about I reckon.

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