Real good news
Real good news
Today’s figures showed continuing growth in the number of employed people —
Over the year ending in January, the number of employed people grew by almost 400,000 and 74 per cent of the jobs were full-time. So much for all that chatter about the gig economy and the runaway growth of part-time, casual work.
The unemployment rate remained steady at 5.5 per cent — but this was against a backdrop of the highest rate of female labour-force participation ever recorded at 60.5 per cent, and the highest rate of overall participation of 65.6 per cent since February 2011. The strength of the labour market is encouraging more people to enter the jobs market either to take a job or seek employment.
Australian
There is absolutely no doubt about it. When the government backs business those businesses grow and that growth creates more jobs. People are now wondering why this simple concept is so difficult for a Shorten Labor party to understand.