The Morrison Government has pledged to create 1.3 million more jobs over the next five years as part of its plan for a stronger economy and a stronger future.
Building on Australia’s strong economic recovery from COVID-19 and the Coalition’s record of creating almost 1.9 million new jobs since it was elected, the Morrison Government has committed to create 1.3 million new jobs over the next five years.
Prime Minister Scott Morrison said despite fires, floods, a pandemic, a global recession, economic coercion from China and now a war in Europe, the Government had driven the unemployment rate down to 4 per cent, from 5.7 per cent when Labor left office.
“We’ve got the runs on the board and proven plans to deliver these 1.3 million new jobs,” the Prime Minister said.
“Only the Liberals and Nationals have the track record, the experience and the plan for 1.3 million new jobs.
“Our tax relief for workers and small business, our investments in skills and trades, and our support for our local manufacturing sector mean we can get more people into more jobs.
“My Government has created 50 per cent more jobs than what we saw when Labor faced the GFC, despite an economic crisis with the pandemic that was 30 times bigger.
“Boosting jobs creation to the levels we saw even before the pandemic is key to our plan for a stronger economy.”
Treasurer Josh Frydenberg said Australia’s job recovery is leading the world and our jobs recovery from COVID-19 has been faster and stronger than the US, UK, Canada, France, Germany, Italy and Japan.
“Our unemployment rate is down to 4 per cent, the equal lowest level in 48 years and forecast to fall further,” the Treasurer said.
“With more people in work and fewer people on welfare we have seen a $103 billion turn around in the budget bottom line. The largest and fastest improvement to the budget bottom line in over 70 years.
“Anthony Albanese and Labor don’t have a plan for the economy and for jobs and can’t be trusted to manage the budget.”
Minister for Employment, Workforce, Skills, Small and Family Business Stuart Robert said many countries around the world were still not back to pre-pandemic levels of employment.
“There are 376,000 more Australians in work than before the pandemic,” Minister Robert said.
“Under our Government, youth unemployment has reached its lowest level in over 13 years and there are a record 220,000 Australians in trade apprenticeships. We have established the $2.1 billion JobTrainer Fund with the states and territories, providing 478,000 free or low fee training places in areas of skills need.
“When Labor last came to office, the jobless rate was a little over 4 per cent. When they left government six years later, unemployment was 5.7 per cent and rising and there were 54,300 fewer young people with jobs.”