New jobs filling the hole left by mining
QUEENSLAND’s service industry is driving jobs growth in the state, accounting for four in five new jobs.
The Australia Institute reports the growth will continue through to the end of the decade.
Health and community services, education, professional services and tourism-related services each grew over the past two years.
Each industry created more new jobs than were lost from mining in that period, with healthcare and social assistance increasing by 43,000 jobs and education and training work up by 34,000 positions, as the two strongest growth sectors.
Researcher Tom Swann says Australian Bureau of Statistics data shows marked employment improvements after some volatile years.
“Last year jobs growth in Queensland hit a seven-year high, the unemployment rate fell, and all this while the participation edged upwards and the mining industry shed a record amount of jobs,” he says.
“Most of the growth has come from services, which already provide four in five jobs in Queensland.
“These industries are well placed to contribute new jobs in coming years.
“The easing of the high dollar and cost pressures associated with the phase out of mining construction creates a really positive situation for jobs growth in many industries in Queensland.”
BLOSSOMING: Jobs in education and training rose by 34,000 in two years.