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The latest labor figures show a low difference between the states. If you live in Victoria

The latest labor figures show a low difference between the states. If you live in Victoria

Jul 18,2016

The news about the creation of full-time employment justified being excited about, the figures highlighted about the economy are very much dependent upon where you live.

In June the unemployment rate increased to 5.8% in seasonally and stayed steady at 5.7% in trend terms.

A quick look at the change in full-time employment in both seasonally adjusted and trend shows how analysis of the seasonally adjusted figures.

 

Monthly growth of full-time employment - The past seven months has seen an average move of 20,100 positions each month. In trend terms, 705 full-time employment positions were added in June – which was the first expansion in full-time employment in trend terms since January.

 

Annual growth of full-time employment - the annual growth rate of 4.5% is the biggest since June 1989; the growth is for both men and women – 42,800 extra full-time jobs for men, and 45,000 for women.

 

Annual change in full-time employment (Victoria versus the rest of the Australia) -

While things are sunlit in Victoria, Western Australia saw the fourth biggest fall of full-time employment in the past year – only during the global financial crisis have extra full-time jobs have been lost than the 34,957 lost in the 12 months to June.

 

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