Qld’s sluggish labour market persists – unemployment at 6.2% (compared with 5.4% nationally)

The Queensland unemployment rate was recorded at 6.2% (seasonally adjusted) in December 2012, up slightly from 6.1% in the previous month. The number of unemployed persons has increased to nearly 154,000, compared with 130,000 twelve months previously. The result is not a surprise given the poor job vacancies data we saw recently:

Disappointing vacancies data support Treasury’s very low employment growth forecast for 2012-13

Pete Faulkner has good coverage of today’s figures:

Unemp rate rises as jobs fall; but it’s all coming from QLD

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