Qld jobless rate jumps to two-year high

September 8, 2011

Queensland’s unemployment rate surged to a near two-year high in August, according to new figures out today by the ABS.

The State’s jobless rate rose 0.5 percentage points to 6.2 percent, seasonally adjusted, over the month as a further 15,000 people joined the unemployment queue.

This is the highest level recorded since September 2009 (6.3 percent).

Meanwhile, Australia’s unemployment rate increased by 0.1 percentage points to 5.3 percent over the same period.

The ABS reported the number of people employed nationally decreased by 9,700 to 11.4 million in August.

This was driven by a decrease in full-time employment, down 12,600 people to little over 8.03 million, which was offset by an increase in part-time employment, up 2,900 people to 3.4 million.

The ABS monthly aggregate hours worked series showed an increase in August, up 4.6 million hours to 1,626.8 million hours.

The ABS reported a labour force participation rate in August of 65.6 percent.