New data shows thousands of jobs go as NT records first unemployment rate rise since June
THE Northern Territory’s unemployment rate has jumped .6 per cent with more than 5,000 jobs lost last month
Business
Don't miss out on the headlines from Business. Followed categories will be added to My News.
- Report shows fierce competition for low-skilled job vacancies in the NT
- Almost all Home Improvement Scheme vouchers claimed
THE Northern Territory’s unemployment rate has risen from 4.2 per cent to 4.8 per cent, with more than 5000 jobs lost last month.
Australian Bureau of Statistics employment data released today show the NT’s seasonally-adjusted unemployment rate rose to 4.8 per cent in September, as the number of people employed in the NT sunk down from 130,600 to 125,300 within a month.
The bulk of the jobs lost between August and September were full-time, with about 3,900 full-time jobs and 1500 part-time jobs lost.
MORE TOP NEWS
Hundreds of Australian expats to fly to Darwin
Traditional custodian hits back at sacred site Esplanade claims
Lay family looks to reopen beloved emporium soon
It marks the first time the Territory has seen an increase in unemployment since June.
However, the NT’s unemployment rate is still the second best in the nation after the Australian Capital Territory.
OFFER EXTENDED: Amazing NT News subscription offer: Read everything for $1 a week
The overall participation rate – the proportion of the working-age population in work or actively looking for work – also fell slightly in the NT to 70 per cent.
MORE TO COME.
The powerful message behind Rio CEO’s big lithium bet
With all the focus on copper, the global miner is pivoting towards a metal which few of its rivals are taking seriously. This is why.
Company reveals big play to boost Aboriginal workforce
More than 15 per cent of the company’s workforce is Indigenous. However, that figure is set to rise, with the company planning to bolster its Aboriginal recruitment over the next 12 months.