The Federal Coalition Government this month delivered on a significant commitment – there are one million more Australians in work than there were when we were elected.
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One million more jobs means at least one million livelihoods improved.
This is an excellent outcome for Australian families.
It reflects the hard work of Australian businesses and the government’s strong economic management.
Our plan is working.
Since coming into office in 2013, we have focussed on ensuring the right economic policies and market conditions to boost jobs.
Thriving businesses create jobs and give Australians the opportunity to work.
The government’s role is to create the right economic conditions so that businesses of all sizes can prosper, grow and hire more Australians.
Job creation does not happen by accident.
Over the last five years, the Federal Liberal National Government has:
- delivered personal and small and medium business tax cuts;
- delivered more trade deals, meaning more exports and more jobs;
- delivered record infrastructure and defence industry investment
- constrained spending, with real growth now at its lowest rate in 50 years;
- acted to bring down the cost of living with our energy reforms.
2017 was the best year on record for jobs growth. The ABS labour force figures show that jobs continue to be created. Nearly 80% of the jobs created in the past year have been full time.
Employment is now at a record high of just over 12.5 million. In the final year of the former Labor Government 17,000 full-time jobs disappeared.
Every lever of policy put in place by the Government is pulling in the direction of more economic growth, more jobs and better jobs.
In the Mid-North Coast Labour Force Area, 7,200 jobs were created over the past year, bringing employment to 95,800.
The unemployment rate fell to 5%.