Western Australia has the strongest performing jobs market of all states in the nation.
Australian Bureau of Statistics data for December 2020 released today shows the WA Government’s safe and strong handling of COVID-19 and our local economy has seen further employment growth in WA.
Underemployment also fell to its lowest level since June 2015 down to 7.7 per cent – with 33,200 fewer people underemployed than when the WA Government was elected.
The December 2020 data has shown an increase of 5,518 Western Australians in full time employment including 5,166 moving from part time to full time employment.
WA’s unemployment fell from 6.4 per cent in November 2020 to 6.2 per cent – the lowest of all States.
In WA, employment has now increased by 102,056 people since May 2020, when the impact of COVID-19 restrictions peaked. This equates to 98.8 per cent of jobs lost due to the pandemic now being recovered.
Importantly, youth unemployment in WA is the lowest of all States at 13.1 per cent in December 2020. Under the former Government, youth unemployment was 15.6 per cent in February 2017.
The national unemployment rate now stands at 6.6 per cent.
The number of employment opportunities in WA is expected to continue to rise, with internet job vacancies for WA reported by the Department of Education, Skills and Employment released showing job vacancies grew to the highest levels in more than seven years (January 2013).
Job vacancies grew in WA by 2.4 per cent to 19,907 in December 2020, taking vacancies to 21.6 per cent above pre-COVID levels.
In December 2020, quarterly year-ended growth in the number of vacancies in WA was 26.2 per cent, the highest of all jurisdictions, and the strongest quarterly year ended growth for WA since June 2011.
Source: WA Government