ACT job growth tops the nation

Chief Minister Andrew Barr.

CANBERRA’s job market has had the biggest improvement in Australia over the past year, according to the latest “State of the States” report from CommSec.

The report comes after the latest Australian Bureau of Statistics (ABS) employment data, which showed that over 10,000 jobs were created in the ACT in 2017 – a 4.6 per cent increase in employment.

Chief Minister Andrew Barr says these jobs have been created in a broad range of industries in both the private and public sector such as education and training, retail trade, IT and media, healthcare and the energy sector, with the vast majority (80 per cent) full-time employment positions.

“Employment in our healthcare system is also expected to grow, with the opening of the rehabilitation hospital at the University of Canberra in 2018,” Mr Barr says. 

“The CommSec report also highlights strong performance in retail spending in the ACT, and the territory topped the nation in housing finance, a further sign of the confidence investors have in our housing market.”

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