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Steady jobs growth in July

The Hodgman Liberal Government’s number one priority is jobs.

Today’s ABS data shows 4,500 jobs have been created since the election, with another 100 jobs added in the past month.

The unemployment rate fell by 0.1 per cent in July to be 6.7 per cent, which is down by 0.8 per cent since the election. The gap between the national and Tasmanian unemployment rate fell in July 2015 to 0.6 per cent, which compares with a gap of 1.6 per cent at the election.

It is encouraging that the fall in the unemployment rate has been matched with the participation rate holding steady over the past four months, and now being 0.3 per cent higher than March 2014.

While there is still a long way to go the latest figures are encouraging as they show a consolidation of employment outcomes.

We know there is a lot more to do to get more Tasmanians into work and that’s why this year’s Budget included a $315 million jobs package and a $1.8 billion infrastructure package.

Our long-term Plan is all about creating jobs and growing the economy and today’s results show we are heading in the right direction.
Peter Gutwein, Treasurer

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