Full-time jobs rise impressive: Shorten

Written By Unknown on Kamis, 08 November 2012 | 11.25

EMPLOYMENT Minister Bill Shorten says the creation of 18,700 full-time jobs in October is impressive in the face of continuing uncertainty in the global economy.

Australian Bureau of Statistics data released on Thursday also showed the jobless rate remaining at 5.4 per cent, when economists had expected a rise to 5.5 per cent.

Mr Shorten said this solid result confirms that more than 820,000 jobs have now been created since Labor came to power in November 2007.

"This is a standout achievement in the context of fragile global growth and high levels of unemployment in advanced economies around the world," Mr Shorten said in a statement.

"Australia has an enviable set of economic fundamentals that sees us performing well in the face of these persistent global headwinds."


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