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Labour force growth continues.



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Hon Kevin Andrews MP

Minister for Employment and Workplace Relations Minister Assisting the Prime Minister for the Public Service 08 December, 2005

Media Release

392/05

Labour Force Growth Continues

The labour market rebounded strongly in November, with seasonally adjusted employment increasing by 28,000

over the month, to it’s second highest level on record.

Importantly, full-time employment rose by a robust 48,100 in November, while part-time

employment declined by 20,100.

Against the backdrop of strong employment growth, Australia’s unemployment rate fell to 5.1 per

cent in November and has now been below 6.0 per cent for 27 consecutive months. Notably, the

female unemployment rate declined to 5.0 per cent in November, its lowest level since August

1974.

Significantly, 230,100 jobs have now been created over the past year, almost 60 per cent of which

have been full-time positions.

Since the Howard Government came to office in March 1996, over 1.7 million jobs have been created.

The number of people looking for work decreased by 9,900 over the month and has now fallen by 202,100 since

the Government came to office.

The seasonally adjusted participation rate was steady at 64.4 per cent in November but has increased strongly, by

0.6 percentage points over the last year, as strong labour market conditions have encouraged more people to enter

the labour market.

The proportion of teenagers unemployed and looking for full-time work fell to 4.5 per cent in November, well

below the peak of 10.1 per cent recorded in July 1992 under the previous Labor Government.

While labour force figures can vary from month to month, the labour market results achieved over the past year

are a testament to the Howard Government’s strong economic credentials, and demonstrate the significant

inroads into unemployment that are achievable when a Government is prepared to make the hard decisions on

reform.

With ABS figures showing the unemployment rate near 30 year lows, this augurs well for strong

employment growth to continue well into the new year.

For further information contact:

Russ Street 0417 044 712