Unemployment on the Gold Coast has fallen despite the state’s hard border closure impacting the city’s tourism and hospitality industries.
According to the Australian Bureau of Statistic, the jobless rate fell from a revised 8.9 per cent in July to 8 per cent in August, despite more people looking for work.
But the 12-month average unemployment rate continues to increase and is now at 6.3 per cent.
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A total of 6,300 jobs were created on the Gold Coast last month, all of them part-time.
However 19,600 jobs have been lost across the city since the beginning of the year.
Around 3,500 people returned to the workforce in August, boosting the participation rate from 64.2 per cent to 64.8 per cent.
The total number of unemployed people on the Gold Coast has fallen from 30,600 last month to 27,800.
Experts warn that changes to the Jobkeeper program could seriously impact employment on the Gold Coast over coming months.
Eligibility rules will change from Monday, while the subsidy will be reduced to $1200 a fortnight.
According to Federal Labor, Treasury data shows more than 100,000 people on the Gold Coast could be worse off under the changes.