Slow and steady wins jobs race: Newman
Improving the state's unemployment rate is a marathon not a sprint and when it comes to the statistics, it's the trend that's important, not the seasonally adjusted rate.
That's the message from Premier Campbell Newman, who said he is pleased by the ABS Labor Force Data release which showed trend unemployment in Queensland had dropped slightly from 5.9 per cent in January to 5.8 per cent in February.
But in seasonally adjusted terms, Queensland's unemployment rate increased from 5.5 per cent in January to 5.8 per cent last month.
In seasonally adjusted figures the number of people in employment also dropped slightly - from 2,355.9 to 2,352 - over the same period.
The number of people in full-time employment (seasonally adjusted) followed a similar trend - 1,684 to 1,681.2.
Using the trend statistics reverses those figures.
"Trend unemployment is down, so while the spot rate bounces around, it is good to see the trend continue to head in the right direction," Mr Newman said from Roma.
"And we are going to continue to work towards our target of 4 per cent in five years time, that is where we are working every single day."
But seeing that change will take time, Mr Newman said, referencing the "huge mess" his government inherited from the former Labor government.
"If it wasn't for the coal and gas sectors in the last couple of years, Queensland wouldn't have done very well at all," he said.
Mr Newman said the past 10 months had been about building the economy's four "pillars".
"All the things we have been doing as a government have been directed towards getting those areas going