Promis­ing signs for job fig­ures

The Advertiser - - NEWS -


The drop means SA’s un­em­ploy­ment rate is back to the same level as March, and 1.3 per cent lower than it was at this time last year.

It’s also 2 per cent lower than in May 2015.

About 1000 South Aus­tralians found work in May, with a record 842,600 peo­ple in work. Al­most 544,000 of those jobs were full-time.

Master Builders SA chief ex­ec­u­tive Ian Markos said the re­sult was es­pe­cially wel­come given a re­cent surge in busi­ness con­fi­dence in the state.

But he said we couldn’t af­ford “com­pla­cency to creep in”.

“South Aus­tralia should be known as the least reg­u­lated state in the coun­try,” said Mr Markos, above.

“The Govern­ment’s pro­posed Pro­duc­tiv­ity Com­mis­sion is a ter­rific op­por­tu­nity to take the axe to un­nec­es­sary reg­u­la­tion and un­lock fur­ther jobs growth.”

In­dus­try and Skills Min­is­ter David Pisoni said the fig­ures were promis­ing but there was still more work to be done.

La­bor em­ploy­ment spokesman Tom Kout­san­to­nis said the job­less rate vin­di­cated the for­mer govern­ment’s “job cre­at­ing poli­cies”.

SA’s un­em­ploy­ment rate also dropped to 5.7 per cent in the more re­li­able trend fig­ures. PAGE 26: ED­I­TO­RIAL

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.