Queensland's latest unemployment figures show the state government's "tough decisions" to fix the economy are working, Treasurer Tim Nicholls says.
The seasonally adjusted jobless rate for Queensland in January was a seven-month low of 5.5 per cent.
It was a huge drop from December's 6.1 per cent and the lowest rate since June's 5.3 per cent, before the job cuts announcement in the September budget.
Mr Nicholls says the figures mean 30,000 new jobs were created in January - 11,000 of which were full time.
Unpopular government decisions to fix the state's economy were having an impact, he said.
"So after a period of some consolidation and making some tough decisions to get the budget - which was in such a mess when we came into government - back on track and back in the black, we are certainly seeing green shoots (in the economy)," he told reporters.
"I think particularly for those Queenslanders who now have a job, this is welcome news."
But Opposition Leader Annastacia Palaszczuk says the government is now back at square one and it's still a far cry from the election promise of four per cent unemployment.
"Queensland's jobless rate is the same as it was at the March 2012 election," Ms Palaszczuk said.
"Thanks to the LNP's program of mass sackings and the flow-on effects of its funding cuts and reductions in frontline services, our jobless rate has been hovering at levels not seen since the global financial crisis."
Ms Palaszczuk called on the government to put a moratorium on redundancies that have already been announced or are in the pipeline, in the wake of the state's flood crisis.
But Mr Nicholls accused her of "playing politics" on the issue.
He said the government had been able to respond quicker than in previous disasters.
The government also copped criticism from the private sector, with two key property groups labelling Queensland a weak spot in the economy.
Australand managing director Bob Johnston said the strong Australian dollar and the Queensland government's decision to cut 14,000 public servants were hurting consumer sentiment.
"I'm not overly bullish about the outlook for Queensland," he told AAP.
"You've got a government trying to improve its balance sheet."