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South Australia’s highest unemployment rate in 20 years

Today’s unemployment figures show South Australia’s jobs situation is at its worse point since the aftermath of the State Bank collapse decimated the jobs market in South Australia in the 1990s.

"There are now more people unemployed than any time since August 1995 and South Australia’s trend unemployment figure is at its highest level since April 1995," said Shadow Minister for Employment David Pisoni.

"The 71,000 people now unemployed in South Australia has driven trend unemployment to 8.1%, two full percentage points above the national unemployment rate of 6.1 per cent.

"As Federal Labor notes about the national figure – unemployment where there is a 6 in front of it is never acceptable.

"We are now firmly entrenched as the state of unemployment with South Australia’s unemployment rate now 1.6 per cent higher than the former perennial struggler Tasmania.

"South Australia is careering towards double digit unemployment and the Weatherill Labor Government is clueless as to how to turn the economy around and create new jobs.

"South Australia needs jobs creation now, not in a few years like the Weatherill Labor Government is talking about.

"It’s time for the Weatherill Labor Government to swallow its pride and start adopting the job creating measures proposed by the State Liberals."

The State Liberals have proposed:

- Bringing forward planned Stamp Duty relief to take effect this year;

- Committing to reducing Payroll Tax;

- Slashing Emergency Services Levy bills by reversing the $90 million ESL hike announced in the 2014-15 State Budget;

- Commencing building the Northern Connector road;

- Finalising an investigation regarding the Strzelecki Track upgrade; and,

- Creating a state-based Productivity Commission.

"To create jobs in South Australia we need to lower taxes and reduce red tape to encourage business investment and economic growth," said Mr Pisoni.

"Improving business conditions is the only sustainable means of growing South Australia’s stagnant jobs market."