Queensland Has Highest Job Creation

If you are contemplating purchasing real estate in Surfers Paradise, now might be a great time.

New figures from the Australian Bureau of Statistics show that Queensland is the only state in the country with an increase in the number of jobs created.

The trend unemployment rate stayed the same in Queensland at 5.9 per cent in October.

Trend employment rates for the state have risen for 12 out of the last 13 months, and this will be good for the economy.

These results indicate there is increased business sentiment as employers are actively seeking to expand their workforces.

Anyone considering an investment in Main Beach real estate may be in luck as the increased job creation means the pool of potential tenants may have also risen.

The state reported that 4,200 jobs were created in Queensland during the month of October.

Queensland is the only economy in Australia to not report a decrease in trend employment levels, other than Western Australia.