Economics
Australia Sees Jobs Boom in West as Resources Comeback on Cards
- Western Australia adds jobs as all other states shed positions
- Headline dragged down by fewer part-time roles after election
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Employment jumped and the labor force swelled in Australia’s western mining heartland, offsetting job losses in every other state, suggesting forecasts of a resource investment revival might be coming to pass.
In Western Australia, 13,800 jobs were added in June, the participation rose 0.3 percentage point and unemployment fell almost half a percentage point to 5.8%, data from the statistics bureau showed in Sydney Thursday. In contrast, New South Wales, the economy’s growth driver in recent years and Australia’s biggest state, shed 17,400 positions.