The latest labour force figures show that the Coalition Government’s plan for a stronger economy is working.
The latest figures, released today by the ABS, show that the seasonally adjusted unemployment rate fell by 0.3 percentage points over the month, to stand at 5.0 per cent in September – the lowest level since April 2012.
Seasonally adjusted employment now stands at a record high of 12,636,300, and is 280,900 higher than it was a year ago.
Full-time employment increased strongly, by 20,300 over the month, to stand at a record high of 8,654,400, and is now 217,500 higher than it was a year ago.
Encouragingly, female full-time employment is at a record high of 3,178,300.
“These figures show that the Coalition Government’s plan for a stronger economy is working,” the Minister for Jobs and Industrial Relations, the Hon Kelly O’Dwyer MP, said.
“1,149,600 jobs have been created since the Coalition came to office in 2013, an increase of 10 per cent.
“In contrast to our approach, Bill Shorten and Labor want to hit Australians’ hip pockets with $200 billion worth of taxes on electricity, workers, housing, savings, investments and retirement.”