Gold Coast unemployment falls despite drop in number of jobs

Unemployment on the Gold Coast has fallen for the second month in a row, thanks largely to a drop in the number of people looking for work.

According to the Australian Bureau of Statistics, the unemployment rate fell from a revised 7.9 per cent in August to 7.5 per cent in September.

The 12-month average unemployment rate ticked up slightly to 6.4 per cent.


ARTICLE CONTINUES AFTER THIS ADVERTISEMENT


The number of jobs on the Gold Coast actually fell by an estimated 600 last month to a total of 324,400.

But there are now more women employed on the Gold Coast than men.

Female employment increased by 2800 to 164,000, while male employment dropped by more than 3000 to just over 160,000.

Around 2000 people dropped out of the city’s workforce in September which saw the participation rate fall from 65.8 per cent to 65.4 per cent.

The number of people officially classed as unemployed fell from 27,700 last month to 26,300.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments