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June Jobs Decline
THE Tasmanian unemployment rate is the worst in 10 years.
That’s the headline from ABS jobs figures released yesterday in the monthly Labour Force report.
In trend terms the unemployment rate was sitting at 8.1% for June. May figures were also revised up from 7.3 to 7.9%.
It’s not the whole picture either, with a similarly bleak report from the ABS on Wednesday that showed that there were 46,000 Tasmanians were either looking for a job or wanting more hours at work.
Premier Lara Giddings said the jobless rate was extremely disappointing but needed to be seen in the context of large spikes in unemployment in most other states. Ms Giddings highlighted a number of actions her government were taking in addressing what she said was its number one priority – jobs.
Tasmania isn’t alone in this sobering jobs situation, with yesterday’s Labour Force revealing a national unemployment rate of 5.7%, which is the highest since September 2009.
Read the Tasmanian media reports below.
The Mercury, Matt Smith, July 12.
The Examiner, Ben McKay, July 11.
ABC Tasmania, July 12.