wa unemployment jumping

Whilst the main stream media flashes the headline of 54,000 or so jobs created last month, WA's unemployment is now the highest it's been in about 3 years now, the trend in the chart below is another warning sign that WA's economy is unwinding..

Further its yet another justification to prove that it's only the IP Casino powering WA's housing market, not fundamentals or employment growth. Hope the WA bulls have your exit strategies planned.