News location:

Canberra Today 17°/20° | Saturday, April 27, 2024 | Digital Edition | Crossword & Sudoku

Jobless rise in January, but ACT still doing best in nation

UNEMPLOYMENT figures in the ACT has bucked the national trend of the growing optimism in Australia in the wake of the global pandemic.

For a change since the number of jobless across the country sharply began to rise in March 2020, one of the few jurisdictions that led an economical revival later in the year amid the easing of government restrictions in Canberra has also hit a wall in the month of January.

An increase of unemployed in the capital was up by 0.7 per cent last month from December just as Australia’s rate was down by 0.2 per cent, according to the latest Australian Bureau of Statistics labour force figures.

It was the equal highest monthly spike in the nation along with South Australia.

The overall rate in the ACT still remained the lowest, after a seasonally-adjusted 4.4 per cent of Canberra’s working population actively looking for a job compared to 6.4 per cent nationally.

It was one of the highest participation rates in Australia from December to January.

The territory also had the lowest underemployment rate of 5.7 per cent.

 

Who can be trusted?

In a world of spin and confusion, there’s never been a more important time to support independent journalism in Canberra.

If you trust our work online and want to enforce the power of independent voices, I invite you to make a small contribution.

Every dollar of support is invested back into our journalism to help keep citynews.com.au strong and free.

Become a supporter

Thank you,

Ian Meikle, editor

Andrew Mathieson

Andrew Mathieson

Share this

Leave a Reply

Related Posts

Follow us on Instagram @canberracitynews