South Australia’s jobs crisis has escalated with the unemployment rate skyrocketing from 6.6 per cent in December 2014 to 7.3 per cent last month – the worst unemployment rate in the nation.
The number of unemployed persons in South Australia increased by 11 per cent last month – from 56,500 to 62,700.
South Australia also recorded the highest increase in youth unemployment in January – from 17.8 per cent to 23.6 per cent.
“As South Australia’s jobs crisis continues to deepen it is no wonder Premier Weatherill is creating distractions by talking about time shifts and nuclear power,” said Shadow Employment Minister David Pisoni.
South Australians should also be very concerned about targets set in the Government’s agenda which was outlined earlier this week, given that the Government has failed to reach previous targets it has set, including one to create 100,000 new jobs.
“There are now 21,980 more unemployed persons in South Australia than when Labor made its 100,000 jobs promise,” said Mr Pisoni.
“It’s hardly surprising that the Weatherill Labor Government gave no update of its 100,000 jobs promise in the Governor’s speech earlier this week – this is a massive broken promise to South Australians.
“South Australia is stuck in an economic rut and the Weatherill Government is clueless as to how to lead us out of it.
“Introducing new land taxes on the family home – as outlined in the Government’s tax reform paper released yesterday – will also do nothing for business confidence in South Australia.
“To create jobs in South Australia we need to lower taxes and reduce red tape to encourage business investment and economic growth.
“Improving business conditions is the only sustainable means of growing South Australia’s stagnant jobs market.
“The fact that the Weatherill Labor Government is talking about increasing taxes shows just how out of touch they are with South Australian families and businesses.”