Promising signs for job figures
FROM PAGE 1
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