New jobs data prove Australia's strengthening economy (3)

15:56, June 10, 2010      

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Victorian Treasurer John Lenders said of the 27,000 new jobs created across the nation in May, 12,900 were in Victoria.

"Victoria remains the engine room of the nation in job generation," Lenders told the parliament.

"This state's economic growth has been stronger, stronger than the rest of this country, through actions of this government taken through a global financial crisis."

Lenders said of the 113,900 jobs created in Victoria in the past year, 70 percent were full-time positions.

Prime Minister Kevin Rudd said the latest data means that Australia is outperforming every other advanced economy in the world.

"We now have about half the unemployment level of the United States, half the unemployment rate of many countries in Europe," Rudd told ABC Radio in Perth.

If Australia had a jobless rate similar to those countries, an additional half a million people would be out of work.

"On the basic direction of economic policy, this government has a strong record of achievement," Rudd said.Source:Xinhua
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