Trend Rate: Cent and Story Unemployment

trend rate: The seasonally adjusted jobless rate fell from 6.2 per cent to 6 per cent in September, while the trend rate fell from 6.2 to 6.1 per cent, according to Australian Broadcasting Corporation. The state result came as the national unemployment rate fell from 5.7 to 5.6 per cent. Related Story: Unemployment falls to 5.6pc despite job losses as participation tumbles Map: Brisbane 4000 A slight drop in Queensland unemployment rate last month proves the State Government economic plan is working, Treasurer Curtis Pitt says. Mr Pitt said an upturn in the Queensland economy and the Government economic plan were setting the right climate for improving labour market conditions. "The latest figures are more good news for the Queensland economy and further hard data showing our economic plan is working," he said. "But we know there is more work to do because not all sectors and regions are transitioning to a post-mining boom economy as well as others." It just people giving up the search for work' However, shadow treasurer Scott Emerson was quick to point out the work participation rate fell again last month. "The only reason the unemployment rate has come down is people are giving up looking for work," Mr Emerson said. "There no doubt we are seeing two worrying trends here in Queensland — a trend away from full-time employment and a trend of people giving up looking for a job because things are getting harder." Topics:unemployment, state-parliament, brisbane-4000, bundaberg-4670, cairns-4870, mackay-4740, maroochydore-4558, mount-isa-4825, rockhampton-4700, southport-4215, toowoomba-4350, townsville-4810 Contact Chris O'Brien More stories from Queensland noindex (news.financializer.com). As reported in the news.