{"id":326567,"date":"2022-11-17T18:08:09","date_gmt":"2022-11-17T08:08:09","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=326567"},"modified":"2022-11-17T22:26:41","modified_gmt":"2022-11-17T12:26:41","slug":"jobless-rate-drops-to-record-low","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2022\/11\/17\/jobless-rate-drops-to-record-low\/","title":{"rendered":"Jobless Rate Drops To Record Low"},"content":{"rendered":"<figure id=\"attachment_203760\" aria-describedby=\"caption-attachment-203760\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/cameron-dick-200.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-203760\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/cameron-dick-200.jpg\" alt=\"\" width=\"200\" height=\"350\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/cameron-dick-200.jpg 200w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2018\/03\/cameron-dick-200-171x300.jpg 171w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-203760\" class=\"wp-caption-text\">Queensland Treasurer Cameron Dick<\/figcaption><\/figure>\n<p><strong>November 17, 2022<\/strong><\/p>\n<p>Queensland\u2019s unemployment has fallen to the second lowest rate in the country, according to the latest data released by the Australian Bureau of Statistics.<\/p>\n<p>Trend unemployment in October fell 0.1 per cent to 3.4 per cent, while seasonally adjusted unemployment fell 0.1 per cent to 3.3 per cent, equalling the lowest rate recorded.<\/p>\n<p>\u201cQueensland is recording record low unemployment while our budget surplus has grown to a record high,\u201d Treasurer Cameron Dick said.<\/p>\n<p>\u201cIt\u2019s particularly pleasing to see unemployment falling as thousands of people continue to move to Queensland from places like NSW, looking for work.<\/p>\n<p>\u201cThe decision by the Australian Bureau of Statistics last month to reintroduce its trend data series for Labour Force shows that we are leaving the worst of COVID-19\u2019s volatility in the rear-view mirror.<\/p>\n<p>\u201cBut we still face a very uncertain environment, with global inflationary pressures and geopolitical instability posing a threat to continued growth.&#8221;<\/p>\n<p>Seasonally adjusted, Queensland has had the largest increase in employment, both in aggregate and percentage change terms, of any jurisdiction since March 2020, up 209,200 or 8.2 per cent.<\/p>\n<p><strong>Footnote:<\/strong> In the June 2022 quarter, the unemployment rate for the South Burnett local government area was 7.4 per cent. This figure is derived from the ABS labour force survey and Centrelink data, and compiled by the Department of Employment. It is published quarterly in the Small Area Labour Markets publication for Local Government Areas. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Queensland\u2019s unemployment has fallen to the second lowest rate in the country, according to the latest data released by the ABS.<\/p>\n","protected":false},"author":20,"featured_media":203761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jobless Rate Drops To Record Low - southburnett.com.au<\/title>\n<meta name=\"description\" content=\"Queensland\u2019s unemployment has fallen to the second lowest rate in the country, according to the latest data released by the Australian Bureau of Statistics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2022\/11\/17\/jobless-rate-drops-to-record-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jobless Rate Drops To Record Low - 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