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Under QldLabor Youth Unemployment Is Steady & There Are Encouraging Signs Of Growth In Some Regions

  • Queensland’s youth unemployment rate is unchanged from last month
  • There are encouraging signs of employment growth in some regions
  • The Gold Coast added an extra 14,700 jobs
  • The Moreton Bay region adding 11,600 jobs
  • Brisbane Added 4,400 jobs
  • Some regions continue to face employment challenges

IMG_0332The latest employment and unemployment  figures released this week by the Australian Bureau of Statistics show that Queensland’s youth unemployment rate is unchanged from last month.

Labor Treasurer and Minister for Employment Curtis Pitt said the youth unemployment rate remained steady at 14.3 per cent in May, with encouraging signs of employment growth in some regions.

“In the 12 months to May, the Gold Coast added an extra 14,700 jobs, with the Moreton Bay region adding 11,600 jobs in the same period,” he said.

“This is an encouraging sign and there was also solid jobs growth in Brisbane, where 4,900 jobs were added.

“An additional 4,100 jobs were created in Townsville in the 12 months to May, with a further 4,400 jobs added in Outback Queensland.”

Mr Pitt said of all the regions, Ipswich recorded the largest fall in the unemployment rate in the 12 months to May.

“The unemployment rate in Ipswich declined from 9.0 per cent to 7.4 per cent in the past 12 months,” he said.

“Cairns also recorded a slight fall in its unemployment rate during the same period, which was down from 8.1 per cent to 7.9 per cent.

“Some regions continue to face employment challenges, including Wide Bay, Logan/Beaudesert and Mackay.”

According to the ABS, Queensland’s overall trend unemployment rate remained steady at 6.5 per cent in May.

The ABS data also shows that seasonally adjusted, Queensland’s unemployment rate fell from 6.6 per cent to 6.3 per cent in May – the second largest fall in the seasonally adjusted unemployment rate in the nation.

Mr Pitt said youth unemployment remained unacceptably high in parts of regional Queensland, highlighting the importance of the Palaszczuk Government’s jobs agenda.

“We’re completely focused on economic growth, job creation and providing Queenslanders with employment opportunities,” he said.

“Earlier this month State Parliament passed laws introduced by Labor which give employers a real incentive to hire new apprentices and trainees.

“Our new 25 per cent payroll tax rebate will help kick start jobs and growth throughout Queensland.

“We’re also investing $240 million to support up to 32,000 Queenslanders back into a job through our Skilling Queenslanders For Work initiative.

“Applications for funding are now open for this initiative, which has a proven track record of generating jobs, particularly for the young and long-term unemployed.

 

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