New South Wales has maintained the lowest unemployment rate among the states for the fifth consecutive month, according to today’s ABS labour force data.
The figure shows 5,100 fewer people are in work but the unemployment rate remained steady at 3.1 per cent. The national unemployment rate increased to 3.7 per cent.
The female unemployment rate is 2.8 per cent in NSW, the lowest since monthly records began.
NSW Treasurer Matt Kean said today’s figures demonstrated the strength of the NSW economy and the impact of the state’s initiatives for women and childcare.
“We expect our initiatives for women and childcare will support more women in employment and unlock future productivity dividends to strengthen our economy,” Mr Kean said.
“Today’s results are encouraging considering the current national and international economic challenges we’re facing here in NSW.”
