ABCDiamond

ABOUT 1000 new jobs will be created in Queensland every week this year as growth in "the lucky state" continues to power ahead despite the economic downturn.

The flood of interstate migrants will also continue, with the population forecast to increase by 96,000 this year.

The need for housing, schools, hospitals, roads and other infrastructure to support that rise, along with extra retail demand, will drive a 3 per cent increase in economic growth – twice that of New South Wales or Victoria.

Data prepared by the State Treasury's economic forecasting unit for the State Government's recent mid-year Budget review says about 50,000 jobs will be generated.

It is backed up by the latest bulletin of economic trends, from the Melbourne Institute of Applied Economics, which predicts employment growth of more than 2 per cent in Queensland for the first nine months of this year. more at the Courier Mail

However, Queensland's unemployment rate is still tipped to rise to 4.25%, the first increase since 2000-01.

themerlin

But how many of those will be Mc Jobs

NedKelly

Up to 250,000 Australians to lose jobs in 2009

Can both articles be correct?

http://www.news.com.au/couriermail/s...53-952,00.html

ABCDiamond

Possibly, yes. One article is for Queensland, the other for Australia.

With the expected 96,000 interstate movements to Queensland, we will need the jobs for them, and, in theory, the states they move from will lose those jobs to QLD ?

Maybe the other States combined will lose 300,000 jobs while QLD gains 50,000 ? Leaving a net loss of 250,000.

We will see sometime next year, as no one really knows for sure.

The Flintstones

Remember when Gordon Brown said the "UK was in the best position out of all of neighbours", then a couple of months later it was actually in worst shape. I think its just a policy these politicians follow to soften the recession and keep up hope.

kevin747

Dream on!