Thursday, June 14, 2012

unusually consistent unemployment

The typically volatile ABS regional employment data has displayed an unusual consistency in recent months with no real change in any of the Far North stats for May. The unemployment rate remains the highest in the state at 9.1%. However at least the Far North participation rate remains in line with state averages compared to laggards such as Wide Bay-Burnett where an 8% unemployment rate coincides with a participation rate of just 58%.

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