Qld unemployment rate stable at 6 per cent

The September 2013 labour force data are out, and they show the Queensland unemployment rate is stable at around 6 per cent (see chart below). While high relative to the pre-financial crisis period when unemployment fell below 4 per cent, a 6 per cent unemployment rate is low relative to double-digit unemployment rates seen in the early 1990s.

Unemployment_Sep13Pete Faulkner has a nice, quick analysis of today’s data:

Surprise fall in Aus unemployment rate

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