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More people in employment in Pearce electorate.

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More people in employment in Pearce Electorate MEDIA RELEASE Friday, 9 June 2006

Member for Pearce Hon Judi Moylan MP today welcomed the release of unemployment data for the March 2006 quarter, which shows unemployment has decreased in Pearce to just 4.5%.

“In 1996 the unemployment rate in Pearce was 6.2%. In 2006, 10 years later, it has been reduced to 4.5%. That is nearly a 2% decrease in the local unemployment rate and this result is a credit to the people of Pearce,” said Ms Moylan.

“This equates to 68,867 Pearce residents who are now employed, as opposed to only 42,750 people who were employed back in March 1996.” “This was when the Labor Government left office.”

These current figures clearly demonstrate that the results achieved over the past 10 years are a testament to the Howard Government’s strong economic management. The Pearce Electorate is benefiting from this growth.

Australia-wide the unemployment rate has fallen from 8.2% in March 1996 to 5.1% today with over 1.7 million new jobs created since March 1996. The unemployment rate is now at its equal lowest level since November 1976.

The female unemployment rate of 5.1% is the equal lowest for 32 years. Female employment is at its highest level on record.

The seasonally adjusted teenage full-time unemployment rate was unchanged, at 20.6% in March, but remains well below the figure of 26.8% recorded when the Howard Government came into office in March 1996.

“Through its Workplace reforms, the Government is delivering strong and sustained employment growth, which is leading to the creation of more jobs and higher wages,” she said.