SA jobless rate eases – but still Australia’s worst
UPDATED: South Australia’s jobless rate fell in July from a 15-year high in the previous month, but the state again posted the worst unemployment figures in the nation.
SA’s seasonally adjusted rate of unemployment dropped from 8.1 per cent (revised from 8.2) to 7.9 per cent, in contrast to the national rate which increased to 6.3 per cent from 6.1.
However, SA’s trend rate – a much more stable indicator – increased from 7.8 per cent to 7.9 per cent.
SA again recorded the worst unemployment rate in both seasonally adjusted and trend terms, with Tasmania the next worst placed with a rate of 6.6 per cent (seasonally adjusted).
According to the Australian Bureau of Statistics, the largest absolute increase in seasonally adjusted employment was in New South Wales (up by 29,500 persons). The largest absolute decreases in seasonally adjusted employment were in Queensland (down 2,800 persons) and Western Australia (down 1,700 persons).
The largest increases in the seasonally adjusted unemployment rate were in Western Australia (up 0.5 pts), Queensland (up 0.4 pts) and Victoria (up 0.4 pts). The largest decline was in South Australia (down 0.2 pts).
Nationally, the total number of people with jobs rose 38,500 in the month, which was better than expectations of a rise of 10,000.
Full-time employment rose by 12,400, while the number of part-time jobs was up by 26,100.
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The participation rate, which refers to the number of people either employed or are actively looking for work, rose to 65.1 per cent from 64.8 per cent in June.
South Australia and Tasmania experienced the largest declines in the participation rate, both down 0.1 point.
– with AAP
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