Unemployment Rises To 6 Per Cent

The Australian unemployment rate took an unexpected rise to 6 per cent in January 2016 from 5.8 per cent a month earlier which missed market expectations.  Latest unemployment rate is the highest figure since September 2015.

The Australian Bureau of Statistics reported total number of people with jobs fell by 7,900 in the month of January, which well missed the expectations of a rise of 15,000.

The number of part time jobs was up by 32,700 but full time employment fell by 40,600. Participation rate was steady at 65.2 per cent which refers to people either employed or actively seeking work.

Here at The Dragon Group, our Dragon Recruitment divisions Dragon Labour Hire and Dragon Permanent Placement has seen a record start to year and the building and construction industry has hit the ground running in Sydney.

Dragon Permanent Placement & Dragon Labour Hire are specialist in supplying skilled and ticketed candidates to our clients in Sydney’s NSW construction market. If you have any questions regarding our services please don’t hesitate to contact us on 02 9939 2550 or visit our new website thedragongroup.com.au