Immigration to Australia will boost as thousands of jobs added in October

While most of the countries are having a hard time emerging out of recession, it is believed that Australia is on top while recovering from the same. Individuals who cannot find a decent job in their home countries are suggested that it’s time for them to pack up and ship out to Australia as the work sector in Australia is now out of recession and there are plenty of jobs being created every day. In late September this year a certain numbers of Jobs were expected to be created in October but to the surprise of many individuals a lot more jobs were created than expected, which proved that Australian economy was proving out to be a developing economic force. While moving to Australia has remained a successful destination among many immigration seekers but while undergoing recession people have thought it more clearly. The facts suggest that about 24,500 people were employed in Australia in the month of October alone.
Australian statistics released recently has shown on balance positive news for the Australian economy, with the country performing better than expected and in the top three countries in the world. Australia was expected to lose 10,000 jobs in October but the Australian economy actually managed to add 24,500, neutralising the impact of the slightly higher unemployment rate across the country. Australia's current unemployment rate is 5.8 per cent, up from 5.7 per cent, but the Organisation for Economic Co-operation and Development (OECD) reported that Australia's unemployment rate has stabilised and will not reach the peak of 6.75 per cent forecast in this month's mid-year budget review instead touching just 6.3 per cent next year before turning down. The result show the Australian economy is performing better than any Western country, other than Norway and Switzerland, with unemployment in Britain predicted to peak at 10 per cent. The figures suggest that the employment ratio of the Australian economy is an indication for a way to recovery in global contexts since UK is still stuck with recession. The Australian figures of employement in the month of October are not only surprising but are better than expected. In fact, the employment figures have led the world’s economists to predict that Australia may increase its interest rates to 3.75 per cent in December after having become the first G20 economy to increase rates since the beginning of the global recession, when it did so in October. Immigrating to Australia for skilled immigration or for study purpose is particularly very attractive for many graduates from around the globe.
____________________________________

www.angadinfo.com