Daily Bulletin

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.

Making suicide prevention a national priority

Providing greater support for all Australians needing mental health and suicide prevention services is a key priority of my Government.   Suicide takes far too many Australians, devastating famili...

Scott Morrison - avatar Scott Morrison

Scott Morrison interview with Leigh Sales

LEIGH SALES: Prime Minister, welcome back, and congratulations on your re-election.   PRIME MINISTER: Well, thank you very much, Leigh. It's very good to be back.   SALES: Why is Labor's offer t...

Leigh Sales - avatar Leigh Sales

Employsure welcomes workplace relations system review

Employsure’s founder and managing director, Ed Mallett has welcomed the Prime Minister’s announcement that the government will take a fresh look at Australia’s workplace relations system. “The federa...

Media Release - avatar Media Release

Senator Colbeck named Minister for Aged Care and Senior Australians and Minister for Youth and Sport

Liberal Senator for Tasmania Richard Colbeck has expressed his excitement in taking on responsibility for the portfolios of Minister for Aged Care and Senior Australians and Minister for Youth and S...

Daily Bulletin - avatar Daily Bulletin

Senator Canavan: Statement on Queensland Government's decision on Adani

I welcome the Queensland Government's announcement regarding timelines for Adani's approvals, but I don't thank them. The thanks go to the people of Central Queensland who have forced this outcome t...

Senator Canavan - avatar Senator Canavan

Australians reject Labor’s marine park lock outs

Australians have rejected Labor’s plans to return to their disastrous marine park lock outs policy. Assistant Minister for Agriculture and Water Resources Richard Colbeck said the strong result fo...

Senator Colbeck - avatar Senator Colbeck


The Conversation

Business News

How to get the most out of a Premium Graduate Placement

An internship placement from PGP Australia can be a really rewarding and beneficial experience for anyone looking to get their foot in the door in a certain industry like human resources, accounting...

News Company - avatar News Company

Why having a website is so important for SEO purposes, even if you don’t have a lot of traffic

What most people out there can agree on is the fact that they will feel like they have something burning inside of them that they want to share. It may be to write a book, to create a product, to cr...

News Company - avatar News Company

Career Opportunities and Relocating

Moving for work can be an incredibly exciting opportunity. Yes, the amount of work will likely be larger, but so will the pay as well as the recognition. Despite the common nervousness, it is import...

News Company - avatar News Company

Travel

8 Tips How to Make Your Travels Memorable

Traveling the world is on every little kid's bucket list, and it usually remains to be there among top three well into the age as well. However, what makes traveling so fun and exciting is the nov...

Diana Smith - avatar Diana Smith

5 Reasons Why You Should Partake In Community Sporting Activities

Partaking in sports isn’t for everyone. Maybe you played a bit of sport as a child at school, but as an adult, you’ve barely picked up a tennis racket or kicked a ball, and that’s OK! However, there...

News Company - avatar News Company

Just a Few Fun Facts about Australia

Everybody calls Australia the land down under but if you turn the map around so that Australia would be in the Northern Hemisphere, the country would sit on top of the world! Everyone knows that Aus...

News Company - avatar News Company

ShowPo