Skip to main content

Australia's shock jobs miracle: How unemployment has FALLEN in August with 111,000 new jobs created - and it's WOMEN who are being hired

Women are leading Australia out of the coronavirus recession with unemployment falling in August for the first time since the health crisis began - creating 111,000 new jobs.

The jobless rate fell from a 22-year high of 7.5 per cent in July to 6.8 per cent last month, the Australian Bureau of Statistics has revealed.

Unemployment is still higher than March's 5.2 per cent level, with that data compiled before the World Health Organisation declared a coronavirus pandemic.

Nonetheless, joblessness has fallen for the first time since February when the Australian share market peaked despite Melbourne recording the first case of COVID-19 in January. 

Women are leading Australia out of the coronavirus recession with unemployment falling in August for the first time since the health crisis - creating 111,000 new jobs.Pictured is Sydney Mitre 10 hardware manager Ching Ching

Women are leading Australia out of the coronavirus recession with unemployment falling in August for the first time since the health crisis - creating 111,000 new jobs.Pictured is Sydney Mitre 10 hardware manager Ching Ching

The number of Australians officially without work rose above the one million mark in July for the first time ever but in August, the ranks of the unemployed fell by 86,500 to 921,800 people.

Jobs recovery at a glance

Unemployment rate fell from a 22-year high of 7.5 per cent in July to 6.8 per cent in August

Participation rate rose from 64.7 per cent to 64.8 per cent 

Number employed rose by 111,000 to 12,583,400

Jobless ranks fell by 86,500 with women making up 55,000 or 64 per cent of those 

Almost two-thirds, or 55,000 of those leaving the unemployment queues, were women.

National unemployment also fell in August despite Melbourne, Australia's second biggest city, being placed into a strict, Stage Four lockdown with an 8pm to 5am curfew.

Victoria's unemployment rate of 7.1 per cent was above the national average, as the number of people employed fell by 42,400 as a result of the COVID-19 restrictions.

Of the big states, New South Wales had the lowest unemployment rate of 6.7 per cent.

Tasmania, however, had the lowest unemployment rate among all the states of 6.3 per cent with only the Northern Territory (4.2 per cent) and the Australian Capital Territory (4.2 per cent) having lower jobless figures.

The states that have closed their borders to some states also experienced a fall in unemployment, with Queensland's jobless figure declining from 8.8 per cent to 7.5 per cent.

Western Australia's equivalent jobless rate dropped from 8.3 per cent to seven per cent.

South Australia's unemployment level remained at 7.9 per cent. 

The unemployment rate fell from a 22-year high of 7.5 per cent in July to 6.8 per cent last month, the Australian Bureau of Statistics has revealed. Pictured is an unemployed woman at Bondi Junction in Sydney's east in March 2020

The unemployment rate fell from a 22-year high of 7.5 per cent in July to 6.8 per cent last month, the Australian Bureau of Statistics has revealed. Pictured is an unemployed woman at Bondi Junction in Sydney's east in March 2020

Australia's youth unemployment also fell from 16.3 per cent to 14.3 per cent.

The good news was announced a fortnight after official figures revealed Australia had sunk into recession for the first time in 29 years with gross domestic product diving by seven per cent in the June quarter. 

CommSec chief economist Craig James said the federal government's $1,500 a fortnight JobKeeper wage subsidies and the $550 a fortnight coronavirus boost to JobSeeker unemployment benefits had boosted spending, which in turn created jobs.

'These are extraordinary times and the job programs are similarly remarkable,' he said.

'There is no doubt that this is a stunning set of job figures. 

'More people were looking for jobs in August, more people found jobs, and more employees reconnected to their workplaces.'

National unemployment also fell in August despite Melbourne, Australia's second biggest city, being placed into a strict, Stage Four lockdown with an 8pm to 5am curfew. Pictured are construction workers in Melbourne being allowed to continue working on August 6, 2020

National unemployment also fell in August despite Melbourne, Australia's second biggest city, being placed into a strict, Stage Four lockdown with an 8pm to 5am curfew. Pictured are construction workers in Melbourne being allowed to continue working on August 6, 2020

Popular posts from this blog

Study Abroad USA, College of Charleston, Popular Courses, Alumni

Thinking for Study Abroad USA. School of Charleston, the wonderful grounds is situated in the actual middle of a verifiable city - Charleston. Get snatched up by the wonderful and customary engineering, beautiful pathways, or look at the advanced steel and glass building which houses the School of Business. The grounds additionally gives students simple admittance to a few major tech organizations like Amazon's CreateSpace, Google, TwitPic, and so on. The school offers students nearby as well as off-grounds convenience going from completely outfitted home lobbies to memorable homes. It is prepared to offer different types of assistance and facilities like clubs, associations, sporting exercises, support administrations, etc. To put it plainly, the school grounds is rising with energy and there will never be a dull second for students at the College of Charleston. Concentrate on Abroad USA is improving and remunerating for your future. The energetic grounds likewise houses various

Best MBA Online Colleges in the USA

“Opportunities never open, instead we create them for us”. Beginning with this amazing saying, let’s unbox today’s knowledge. Love Business and marketing? Want to make a high-paid career in business administration? Well, if yes, then mate, we have got you something amazing to do!   We all imagine an effortless future with a cozy house and a laptop. Well, well! You can make this happen. Today, with this guide, we will be exploring some of the top-notch online MBA universities and institutes in the USA. Let’s get started! Why learn Online MBA from the USA? Access to More Options This online era has given a second chance to children who want to reflect on their careers while managing their hectic schedules. In this, the internet has played a very crucial in rejuvenating schools, institutes, and colleges to give the best education to students across the globe. Graduating with Less Debt Regular classes from high reputed institutes often charge heavy tuition fees. However onl

Sickening moment maskless 'Karen' COUGHS in the face of grocery store customer, then claims she doesn't have to wear a mask because she 'isn't sick'

A woman was captured on camera following a customer through a supermarket as she coughs on her after claiming she does not need a mask because she is not sick.  Video of the incident, which has garnered hundreds of thousands of views on Twitter alone, allegedly took place in a Su per Saver in Lincoln, Nebraska according to Twitter user @davenewworld_2. In it, an unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of the customer recording her. Scroll down for video An unidentified woman was captured dramatically coughing as she smiles saying 'Excuse me! I'm coming through' in the direction of a woman recording her A woman was captured on camera following a customer as she coughs on her in a supermarket without a mask on claiming she does not need one because she is not sick @chaiteabugz #karen #covid #karens #karensgonewild #karensalert #masks we were just wearing a mask at the store. ¿ o