..

Politics

  • Written by Senator Cash Media Release


Labour force figures released today by the ABS reflect the underlying strength and resilience of the Australian economy, with the seasonally adjusted unemployment rate falling by 0.2 percentage points in May 2018, to 5.4 per cent.

Seasonally adjusted employment increased by 12,000 in May 2018, to stand at a record high of 12,518,300, and has now increased by 303,900 (or 2.5 per cent) over the last year.

Full-time employment is 178,800 (or 2.1 per cent) higher than it was 12 months ago.

Part-time employment is at a record high, and is 125,100 (or 3.2 per cent) higher than a year ago.

The participation rate remains strong at 65.5 per cent in May 2018 and is still 0.5 percentage points higher than it was a year ago, and higher than the 64.8 per cent rate when Labor left office in 2013.

The youth unemployment rate fell by 0.9 percentage points over the month to 11.6 per cent in May 2018, its lowest rate since November 2012.

The Minister for Jobs and Innovation, Senator the Hon Michaelia Cash, welcomed today’s continued increase in employment, which reflects the Government’s strong economic management.

“Since coming to Government in 2013 we have created a total of 1,031,300 jobs, an increase of 9.0 per cent – over one million more Australians are in work than when we were elected.”

“While ABS labour force figures can jump around from month to month, today’s data continues to reflect a strong labour market and highlight the success of the Government’s efforts to stimulate ongoing, sustainable jobs growth.”

“The Turnbull Government has the right economic settings for businesses to grow and create jobs, and these figures demonstrate a strong economy,

“We won’t however rest on our laurels, we will continue our work to ensure more jobs are created and more Australians experience the benefits that come from having a job,” Minister Cash said.

Prime Minister interview with Alan Jones

Good morning Alan.   ALAN JONES: Thank you for your time. Could I just begin by saying that politicians rarely get praise. I have been speaking to farmers during the course of the weekend. You wen...

Alan Jones - avatar Alan Jones

Scott Morrison on Shorten's Border Protection backdown

Border Protection   PRIME MINISTER: Less than 24 hours ago, I warned Australia that Bill Shorten would make Australia weaker and the Labor Party would weaken our border protection. That they could...

Scott Morrison - avatar Scott Morrison

Funding to support women and children escaping domestic violence

Hundreds more women and children escaping domestic and family violence will have a safe place to sleep with a $78 million investment by the Morrison Government.   This investment includes a $60 mi...

Scott Morrison - avatar Scott Morrison

Aged care package to support older Australians

New $662 million aged care package to support older Australians The Morrison Government is making a further significant investment in aged care, with $320 million for residential aged care and an a...

Scott Morrison - avatar Scott Morrison

Scott Morrison interview with Leigh Sales ABC 7.30

2019 election; Jobs pledge; Budget management; Financial Services Royal Commission; Resignations.   LEIGH SALES: Prime Minister welcome to 7.30 for 2019.   PRIME MINISTER: Great to be back Leigh...

Scott Morrison and Leigh Sales - avatar Scott Morrison and Leigh Sales

Move It Aus - Better Ageing Grant Recipients

$22.9 MILLION INVESTMENT TO GET OLDER AUSTRALIANS MORE ACTIVE Twenty-seven organisations will share in an investment of almost $23 million by the Liberal & Nationals Government aimed at gettin...

Senator Bridget McKenzie & Ken Wyatt MP - avatar Senator Bridget McKenzie & Ken Wyatt MP

Business News

Why Branding is vital to your family owned business

Once available only to large corporations, branding is now more accessible and vitally important to every size (and type) of family business, including yours. But what is branding and how does it ...

Stella Gianotto - avatar Stella Gianotto

Statewide Super announce Tony D’Alessandro as CEO

Tony D’Alessandro Tony D’Alessandro will be the new Chief Executive Officer of Statewide Super, effective 1 March 2019. Mr D’Alessandro will replace Richard Nunn, who in January announced his ...

Media Release Service - avatar Media Release Service

Why ‘Handover Culture’ Doesn’t Exist in Australia – And Why It Should

Handing over a business to the next generation might seem like something that can wait, but Australian business is largely unprepared for succession – and that’s a problem.   Handover culture is t...

Andrew Williams - avatar Andrew Williams

Travel

Fun Things You Must Do In Perth

Perth: Sun, sand and 19 beaches might seem to sum up the city, but not quite. The sunniest capital city in Australia offers so much more for you to do. Regardless of what your idea of fun is, you wi...

News Company - avatar News Company

ex-HMAS Tobruk dive site Fraser Coast

Fraser Coast Has a New Sunken Treasure for Divers to Explore A rush of scuba divers from around Australia is expected to begin exploring the underwater wonderland created by the ex-HMAS Tobruk after...

Tracey Joynson - avatar Tracey Joynson

3 Steps to Make Your Dream of Working Abroad Come True This Year

Oh, the New Year. The time of year when anything seems possible and everything seems doable. For some people, nothing will change over the course of the next 12 months. For others, everything may. I...

Bevan Berning - avatar Bevan Berning

You might also like