Territory Stories

Budget Paper 1994-95 No.6 Northern Territory Economy

Details:

Title

Budget Paper 1994-95 No.6 Northern Territory Economy

Other title

Tabled Paper 2156

Collection

Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT

Date

1994-05-12

Description

Tabled by Barry Coulter

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2021C00044

Parent handle

https://hdl.handle.net/10070/292876

Citation address

https://hdl.handle.net/10070/398240

Page content

Labour Market The Territory labour m arket was strong through m ost o f 1993 com pared to A ustralia. The unem ploym ent rate rem ained well below national averages even after a seasonal increase during the latter part o f the year. Participation rates rem ained high in the Territory, influenced by a relatively high partic ipa tion rate for fem ales. Employment Figure 3.1 graphs trend em ploym ent levels for A ustralia and the N orthern Territory and illustrates the relative volatility o f Territory em ploym ent estim ates. Em ploym ent levels in the Territory have been flat on average since 1990, however, it should be noted that labour force statistics specifically exclude m em bers o f the perm anent defence forces and therefore th is series does not include the grow ing level o f em ploym ent in defence force personnel. Territory em ploym ent levels can be expected to increase steadily through m id 1994 w ith the onset o f the Dry Season and increased tourism and construction activity. Figure 3.1 Employment Trends 000 million 9 Source: ABS Cat. No. 6202.0 * N T Treasury estim ate 1 5