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Newcastle Herald

Business

Michael Parris

Hunter unemployment rate 'defying gravity' amid economic headwinds

Hunter Bob Hawes Unemployment Lake Macquarie Newcastle Business Hunter

HunterNet CEO Ivan Waterfield says the region's manufacturing sector is "crying out" for workers.

Business Hunter says the region's unemployment rate is "defying gravity" despite rising cost pressures and housing shortages.

Australian Bureau of Statistics regional labor force estimates for April show the 12-month trend jobless rate in Newcastle and Lake Macquarie fell from 3.5 per cent to 3.3 per cent, 0.4 points below the national level.

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