Employment
According to the Australian Bureau of Statistics, the seasonally adjusted unemployment rate in December 2012 was estimated to be 5.4% of an estimated labour force of approximately 12,000,000.
According to Roy Morgan Research the unemployment rate was estimated to be 10% in December 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: Australian Industry
Famous quotes containing the word employment:
“It is the business of the wealthy man
To give employment to the artisan.”
—Hilaire Belloc (1870–1953)
“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)
“We may seem great in an employment below our worth, but we very often look little in one that is too big for us.”
—François, Duc De La Rochefoucauld (1613–1680)