| ACT has lowest unemployment in Australia |
| Written by ACT Labor |
| Wednesday, 07 September 2011 00:00 |
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The latest ABS figures confirm that the ACT still has the lowest trend unemployment rate in the country. The bureau said the ACT's unemployment rate was steady at 4 per cent in trend term despite a drop in the number of employed people from 204,000 to 203,900. The ACT's participation rate - which measures the proportion of people actively looking for or in work - dropped from 72.6 per cent to 72.5 per cent, but remains the highest rate in the nation. The bureau said the ACT had an underemployment rate - which measures the number of people who want to work longer hours - of 4.4 per cent. |