Fed: Treasurer Swan welcomes jobs figures

AAP General News (Australia)
12-10-2009
Fed: Treasurer Swan welcomes jobs figures

BRISBANE, Dec 10 AAP - Federal Treasurer Wayne Swan says the latest jobs figures are encouraging.

The jobless rate has fallen to 5.7 per cent in November from 5.8 per cent the previous
month, with the number of people employed jumping by a surprising 31,200.

"It's always a bit difficult to read too much into one month's figures but ... I really
do welcome the figures that have come out today," Mr Swan told reporters in Brisbane.

"It means that more Australian families this Christmas will have a bread-winner - this
is a good thing.

"I think the figures today are further evidence of the impact of stimulus in the Australian
economy.

"If it was not for stimulus Australia would be in recession right now."

MORE pjo/mn

KEYWORD: JOBS SWAN

2009 AAP Information Services Pty Limited (AAP) or its Licensors.