Employment
According to the Australian Bureau of Statistics, the seasonally adjusted unemployment rate in August 2012 was estimated to be 5.1% of an estimated labour force of 12,000,000.
According to Roy Morgan Research the unemployment rate was estimated to be 9.8% in August 2012. 17.5% (2.1 million) Australians were estimated to be either unemployed or underemployed. Over 2 million workers, or about 40% of the Australian workforce, were estimated to be currently part-time or casual.
| Rank | States | Unemployment rate (ABS) |
|---|---|---|
| 1 | Tasmania | 6.8% |
| 2 | Queensland | 5.9% |
| 3 | South Australia | 5.7% |
| 4 | Victoria | 5.6% |
| 5 | New South Wales | 4.8% |
| 6 | Northern Territory | 4.2% |
| 7 | Western Australia | 3.9% |
| 8 | Australian Capital Territory | 3.6% |
Read more about this topic: Economy Of Australia
Famous quotes containing the word employment:
“Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.”
—Franklin D. Roosevelt (1882–1945)
“It is the business of the wealthy man
To give employment to the artisan.”
—Hilaire Belloc (1870–1953)
“What most clearly characterizes true freedom and its true employment is its misemployment.”
—G.C. (Georg Christoph)