Qld unemployment rises
The latest national unemployment figures released today have shown that jobless rates held steady at 5.8% in the June quarter but Queensland has suffered a .3% rise.
The Queensland jobless rate rose to 6.1% from 5.8% while NSW fell to 6.1% from 6.4% and in Victoria it dropped to 5.8% from 6%.
In other figures, South Australia's jobless rate climbed to 5.6% from 5.4%, Western Australia jumped .5% to 5.7% and Tasmania recorded a fall of .5% to 4.1%.
The June national unemployment rate defied forecasts of a .2% rise to a level last seen in mid-2003.
Data released on Wednesday that showed exports climbing and the trade deficit shrinking coupled with a rising Aussie dollar boosted hopes the local economy is withstanding the ravages of the global economic downturn.
But the Rudd Government is remaining cautious and preparing for a potential peak of 8.5% in the unemployment rate by 2011.