South Australia Unemployment Rate Up To 6.6% February 2017

South Australia Unemployment Rate Up To 6.6% February 2017

South Australia Minister for Employment Kyam Maher

South Australia’s Unemployment Rate At 6.6%

Victor P Taffa

South Australia’s headline unemployment rate was up 0.2 to 6.6 % in February, according to the latest Australian Bureau of Statistics Labour Force data.

“South Australia has now experienced 18 consecutive months of employment growth, with a record 821,500 people in work.” Minister for Employment Kyam Maher said.

National unemployment rate also rose 0.2 to 5.9 %. State’s trend unemployment rate remained at 6.6 %.

South Australia’s rate of employment growth was 1.6 % over the past 12 months, double the national average of 0.8 %.

There has been 18 consecutive months of employment growth, with a record 821,500 people employed in the state. Over that time, 18,300 more people have found work, equivalent to more than 1,000 jobs a month.

Over that 18 months, South Australia has halved the gap between South Australia and the national unemployment rate, with employment growth of 2.3 % also outstripping the national rate of 2 %.

“While we still have more to achieve, we have eliminated half the unemployment gap between South Australia and the national unemployment rate over the past 18 months.” Mr. Maher said.

Background

Around 630 jobs will be initially created through projects announced this week under the South Australian Government’s Energy Plan, which includes the construction of a gas-fired power station and Australia’s largest grid-connected battery storage.

This comes on top of new major projects worth more than $1.5 Billion that will start in 2017 and support more than 1,300 jobs, including

  • $900 Million Festival Plaza redevelopment,
  • $152.4 Million Gawler Line electrification,
  • $238 Million Torrens Rail Junction,
  • Mike Turtur Bikeway overpass and $85.5 Million Flinders link extension.