North Coast Jobless Rate Falls
The latest regional labour force data for the New South Wales north coast shows a 5.5 per cent jump in employment in September.
Nationwide, the jobless rate fell slightly in September but in the region stretching from north of Taree to the Tweed there has been an impressive spike in the number of people in work.
The Australian Bureau of Statistics’ Scott Marley says the region’s unemployment rate now sits around 5.8 per cent.
That is slightly above the national unemployment rate of 5.2 per cent but much better than the August regional rate of 6.9 per cent.
“The employment increase is 5.5 per cent this month which is the third highest employment growth in Australia this month and the second highest in NSW behind the far west region,” he said.
“At this stage it’s a one-off growth spike in the series and we expect growth at this time of the year in September in the lead up to Christmas.
“It is an impressive hike this month but we’ll have to wait and see what happens in the upcoming months to see whether that continues or not.”
Mr Marley says the north coast figures are extremely positive.
“The participation increase up to 55.3 per cent from 53.1 per cent last month,” he said.
“People who are engaging in the labour force, so that’s people who are employed or people who are looking for work.
“So if your participation rate is increasing, you’re getting more employed people and more people actively looking for work which is all good news.”
24 October 11
- Rally Makes Waves in Macquarie St
- Rail Services Safe Says Page
- Near-Record SME Dissatisfaction with Government
- Mayor Slams Hospital Repair Estimate
- Ratepayers Take on Ballina Council
- Rudd Pledges Loyalty After Ballot Defeat
- Maccas Decision Hard to Swallow
- Page MP Declares Support for Rudd
- New Cross Border Commissioner Appointed
- Splendour Returns to Byron
- Mayor Says Help Still Available to Inghams
- Lismore Floods Leave $1m Damage Bill
- 560 jobs to go at Westpac
- Pacific Highway Open but More Rain to Come
- $2m Grafton Airport Upgrade Critical
- Gas Firm Proposes Underground Salt Solution
- Nationals Hold Clarence
- Clarence Swing to ALP Forecasted for the By-election
- Call for More Casino Police
- Clarence Candidates Quizzed on Power Privatisation
- Nationals Release Coal-Seam Gas Blueprint
- North Coast Housing Industry Takes a Hit
- North Coast Jobless Rate Falls
- North Coast Jobless Rate Falls
- Ex-mayor wins Nationals' Preselection for Clarence
- NORBEC Helps Local Businesses
- North Coast Gas Firm Hints at Future Fracking
- North Coast Gas Firm Hints at Future Fracking
- Ballina Horse Dies from Hendra
- Push to Return Splendour to Northern Rivers
NRBM
T: 02 6685 4516
F: 02 6685 4518
W: Northern Rivers Business magazine
E: email Northern Rivers Business Magazine
P: PO Box 130 Suffolk Park NSW 2481
Northern Rivers Web Design
The Small Print:
Notice: While every effort has been made to ensure
the accuracy of the information in this publication
the publisher accepts no responsibility or liability
for any errors, omissions or resultant consequences,
including any loss or damage arising from the
reliance on information in this publication. The views
expressed in Northern Rivers Business Magazine are
not necessarily endorsed by the editor or publisher.
No part of this publication may be reproduced,
stored in a retrieval system or transmitted in any
form, or by any means electronic, mechanical,
photocopying, recording, internet or otherwise,
without the prior written permission of the publisher.

