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Employment growth continues



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MEDIA RELEASE -------- ---- m

( Simon Crean, I

ATfeo Minister for Employment, Education and Training

C4/94 10 February 1994

G R O W T H C O N T IN U E S

The Minister for Employment, Education and Training, Simon Crean, welcomed today's labour

force figures which show that employment is at its highest level since August 1990.

In January employment grew by 22,000, the fifth month in a row that employment has grown in

Australia, reducing the seasonally adjusted unemployment rate to 10.6 per cent.

"Today's result comes on the back of better than expected figures in December and confirms that

improved economic growth is now feeding into consistently strong employment growth," Mr

Crean said.

"Combined with improvements in the major economic indicators this points to continued strong

demand for labour.

"In March last year the Government made a commitment to create 500,000 new jobs in three

years. We are well on track to achieving this target with employment growth of 147,300 in the

10 months since the commitment was made."

The fall in full-time jobs was unexpected, as it follows four months of quite strong growth during

which over 91,000 full-time jobs had been created. In trend terms, which remove the month to

month volatility in the series, full-time employment continues to rise as it has done since

October 1992.

The increase in part-time employment in January of 48,700 was shared equally by men and

women. In trend terms both male and female part-time and full-time employment are rising.

Western Australia, Queensland and New South Wales recorded employment growth in January

while employment fell in Victoria, South Australia and Tasmania. The unemployment rate is

trending down in all States, except South Australia. <

Parliament House, Canberra ACT 2600 Telephone: (06) 277 7460 Facsimile: (06) 273 4117

Mr Crean cautioned that unemployment is still unacceptably high and there is a risk that the most

disadvantaged in the labour market will be left behind unless we assist them to improve their job

skills and attractiveness to employers.

"The Government is committed to this task and the White Paper committee will develop an

integrated strategy for dealing with the problem of the unemployed."

Contact: Catherine Payne, Mr Crean's Office (06) 277 7460.