Employment figures hailed as "fantastic" by PM

Thursday 07 July 2011

Article by Mozo

Prime minister Julia Gillard has asserted that the rise in the number of Aussies in full-time employment is "fantastic".

PM says employment figures are 'fantastic'

Data from the Australia Bureau of Statistics revealed that in June the number of people employed rose by 23,400, which may mean more people will have funds to put in savings accounts in the near future.

The increase in the number people with jobs was higher than that forecast by economists, who had tipped the rise to be closer to 15,000.

"We want people to have the benefit and dignity of work," Ms Gillard said during parliamentary question time, reports the Australian Associated Press.

Full-time employment figures rose by the greatest amount seen since 2008 as 59,000 more Aussies secured these posts.

As more people get jobs, the proportion of those using their savings accounts or going into debt in order to keep afloat financially may decrease.

CoreData research published last month revealed that as many as 15 per cent of Aussies are doing this.

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