The Queensland treasurer has defended the state's worsening jobless rate, saying the government's plan to lease state assets will help improve it.

Bureau of Statistics figures show the state's seasonally adjusted unemployment rate reached seven per cent in October - up from 6.3 per cent the previous month - making it the highest in the country.

Treasurer Tim Nicholls. Credit:Glenn Hunt

Treasurer Tim Nicholls said that despite recent volatility in ABS data, more than 44,000 jobs had been created in Queensland since the 2012 state election.

"We also know that Queensland's economy is expected to grow at six per cent next year, which means thousands of new jobs and new income for Queenslanders," he said.