Knowing there are going to be plenty of job opportunities when you move into a new property is important, which is why Morningside real estate could soon experience a popularity surge.
Queensland created more positions than any other state during the past 12 months, which Treasurer Tim Nicholls believes is cause for celebration as some parts of the country struggle.
“In August 26,500 jobs were created in Queensland, a growth record second only to New South Wales for the month,” he commented.
Mr Nicholls revealed that since the state government entered office, 81,300 jobs have been created across Queensland. It has now seen 16 consecutive months of growth with little sign of abating.
Not only this, workforce participation improved 0.5 per cent over the course of the month on a seasonally adjusted basis and is now stable in trend terms.
Data from the Australian Bureau of Statistics shows that Queensland is performing slightly better than the national average, which saw a 0.4 per cent seasonally adjusted participation rate increase in August.
Meanwhile, an additional 121,000 people across the country found work over the course of the month, which was a much stronger result than many analysts had expected.