14th September 2018
Source: West Australian Newspapers
A record number of West Australians are holding down a job — either part-time or full-time.
Despite the improvement, the WA unemployment rate lifted to 6.4 per cent last month after a jump in the number of people either with work or looking for it.
Although there has been a definite lift in full-time work, there are still many people looking for longer hours.
The under-utilisation rate, which has fallen nationally, lifted in WA through the August quarter.
Among women, the under-utilisation rate is almost 21 per cent — the highest on record — surpassing the previous high set in the wake of the 1990-91 recession.
Across the country, the unemployment rate was steady at 5.3 per cent, even though the nation added another 44,000 jobs through the month.
Most of those new jobs were in full-time employment.
State Treasurer Ben Wyatt said that in the past month, 4200 West Australians had gained a job, with 40,000 getting work since the March 2017 election.
He said the lift in the participation rate was a vote of confidence in the State economy.
AMP Capital chief economist Shane Oliver said the fall in the under-utilisation rate on top of continued jobs growth should eventually feed through to bigger pay packets for most Australians.