In contrast to the depressing national NAB survey released today (see MacroBusiness for coverage), recent surveys of Queensland employers suggest a rebound in employment in the State, as reported in the Courier-Mail today (Job prospects on the up):

According to recruitment company Manpower, 22 per cent of Queensland employers would employ more people in the coming three months while the number of those planning lay offs had fallen.

…An Australian Institute of Management survey also found a much higher confidence in job creation, but warned that more than half of all employers were struggling to find the workers they wanted and that had increased dramatically in the past year…

…This follows similarly upbeat figures yesterday from Hays Recruitment.

This is more evidence for Fitch Ratings to consider before it unjustifiably downgrades our credit rating. On the possible credit rating downgrade, this post from KS at Loose Change is worth reading:

More on Queensland’s debt