Australia close to "full employment"

Australia continues to set the global benchmark for employment growth with another 45,900 new jobs being created in June 2010. This monthly surge has only been topped once in the past four years. Here's the interesting part though...40,000 or 87% of them were created in the mining states of Western Australia and Queensland. NSW created 15,000 new jobs, and Victoria actually lost 1600 jobs. That's what I call an uneven economy!

Despite the spectre of the now largely diluted mining tax proposal, mining employers in WA and QLD continued to hire as many people as they could in preparation for the forecast mining boom of 2011 and 2012. The strength of that boom will depend largely on Chinese and Indian buying orders, but employers do not want to find themselves unable to meet future orders due to a lack of human firepower!