GOOD JOB NUMBERS AT RISK WITHOUT JAB
TODAY’S jobless figures are more proof how well Townsville has fared through the pandemic. The region’s 12-month average jobless rate has fallen to 5.2 per cent, the lowest level in eight years.
The city was poised for a boom at the start of 2020 with the opening of the stadium and the reinvigoration of the CBD.
The onset of the Covid-19 pandemic threw a spanner in the works, with many predicting some fairly dire economic outcomes.
Thankfully, the pandemic in North Queensland has not been as severe as in other parts of the country and the great economic signs, posted at the end of 2019, have come to fruition now.
The Australian Bureau of Statistics jobforce figures are exceptional.
Job numbers have jumped 116,600, up 5000 for the year September.
Economist Colin Dwyer said the region was one of the fastest job creating regions not just in Queensland but Australia.