Today’s jump in seasonally adjusted unemployment to 6.6 per cent highlights the ongoing failure of the South Australian economy under the Weatherill Government.
“It is scandalous that 8700 full-time jobs disappeared from the South Australian economy in February,” said Shadow Minister for Employment Corey Wingard.
“The combination of sky rocketing electricity prices, repeated blackouts, water prices amongst the highest in the nation and the massive increases in the ESL tax are killing job creation in South Australia.”
“Little wonder consumer confidence in South Australia has hit to a 20-year low in today’s BankSA’s State Monitor.
“The reality is South Australians have very little to be confident about under this tired and lazy Labor Government that has delivered the nation’s highest trend unemployment rate for the last two years.
“The Weatherill Government has drained household budgets of money to spend in the local economy which has reduced the amount of work in South Australia.
“The punishing prices for essential services under the Weatherill Government helps explain why the number of underemployed South Australians jumped by 3.8 per cent to 94,300 in the last month.
“There are now 155,900 South Australians who are either unemployed or underemployed – that figure is totally unacceptable.
“South Australia’s damaged jobs market is driving many young South Australians interstate in search of employment and condemning those who stay to the dole.
“South Australia has the highest youth unemployment rate in the country, with a whopping 16.1% of 15-24 year olds currently unemployed.”
The Marshall Liberal team’s ‘2036’ document outlines our plan to grow the economy and create jobs through:
- Reducing the tax burden on businesses and households;
- Cutting red tape and unnecessary regulation;
- Supporting export businesses and encouraging their growth;
- Fostering entrepreneurialism;
- Investing in productive infrastructure; and,
- Supporting growth opportunities for our regional businesses and industries.