Friday, 16 November, 2018

Unemployment drops to 5.4pc despite 21,000 full-time jobs being lost

Unemployment drops to 5.4pc despite 21,000 full-time jobs being lost SA's unemployment rate heads down in May
Rhonda Young | 16 June, 2018, 11:49

The monthly trend unemployment rate remained steady at 5.5 per cent in May 2018, according to latest figures released by the Australian Bureau of Statistics (ABS) today.

Private sector employment increased by 7,800 while the public sector gained 700 jobs in May.

Over the year to May, the unemployment rate declined 0.2 per cent, while the underemployment rate also fell by 0.2 per cent over the year to 8.5 per cent.

But the breakdown of the May series was less encouraging, with a 32,700 surge in part-time jobs when full-time work plunged by 20,600.

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The Tornillo site will take in 360 children in the coming days and expand from there, according to the department spokesperson. The department chose the site in consultation with the Department of Homeland Security, according to the spokesperson.

Employment rose by 15,900 people in May on a trend basis, following average monthly growth of nearly 34,000 people previous year.

South Australia's jobless rate has fallen to 5.6 per cent, continuing the state's relatively strong performance over recent months. The underutilisation rate remained at 13.9% in May and has fallen less than 1 percentage point from its November 2014 peak.

The "modest" 12,000 rise in employment in May was "weaker than expected" and "smaller than the 18,300 increase in April", she said.

The trend participation rate decreased by less than 0.1 per cent to 65.5 per cent in May 2018, after the April figure was revised down.

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The hat trick was Ronaldo's 84th goal for Portugal , tying him with Ferenc Puskas for most global goals by an European player. Portugal takes on Spain in a Group A game in Sochi, Russia, on Friday evening.

The largest decline was seen in WA where employment dropped 1,900.

State Industry and Skills Minister David Pisoni said the total number of South Australians in work was at a record high, with 842,600 people in employment.

The seasonally adjusted number of persons employed increased by 12,000 persons in May 2018.

This month's report shows the greatest private job growth occurred in retail trade up 3,000, construction up 1,400, and education & health services and professional & business services both up 1,100.

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But Trump nonetheless insisted the document - released by the Justice Department inspector general - revealed partisan prejudice. Mr Trump is certain to try to use the report to validate his firing of Mr Comey a year ago .

Unemployment decreased 26,800 to 714,600.

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