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News Local News News General So many jobs ACT can't fill them

So many jobs ACT can't fill them

27/06/2008 12:00:00 AM
The ACT is officially Australia's jobs paradise the only state or territory in which there are more jobs on offer than people available to fill them.

The latest job vacancy figures published by the Bureau of Statistics show there were five jobs on offer for each four Canberra residents unemployed in May making the ACT by far the tightest labour market in the country. By contrast, in the so-called ''boom'' states of Queensland and Western Australia, the unemployed outnumbered vacant jobs two to one.

In NSW and Tasmania, unemployed residents outnumbered vacant jobs three to one, and in South Australia, five to one.

The news came as the number of vacancies nationwide soared to a record high. There were 183,600 jobs vacant in May, more than double the number vacant four years ago.

Vacancies climbed 3.4 per cent in the three months to May, with private-sector vacancies up 3.6 per cent and public-sector vacancies up 1.2 per cent. Nationwide there are 2.6 unemployed people vying for every vacant job a near record low.

CommSec economist Savanth Sebastian said the results suggested the recent rate rises had not succeeded in slowing employers' demand for workers. ''There are plenty of opportunities for workers in the current environment, if they have the right skills,'' he said. ''And with the skilled migration boom picking up pace, the unemployment rate is likely to remain not far from the recent record lows in coming months.''

The news will enable the ACT Government to claim that although the territory's economic growth is the lowest in the nation, for the moment it remains the easiest place in which to find work.

The vacancies survey published yesterday will be the bureau's last.

It has axed the survey in order to find $22million in savings.

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