December 14, 2017
Unemployment rate increases to 6.6%
Western Australia’s seasonally adjusted unemployment rate has risen from 6.0% to 6.6% from October to November as the impact of McGowan Government policies begin to flow through the economy.
Shadow Treasurer, Dean Nalder said the increase came on the back of another significant jump in unemployment last month, showing unemployment has increased 0.8% in two months.
“Although there has been an increase in the participation rate, an unemployment rate of 6.6% is still disappointing,” Mr Nalder said.
“The Government has been talking up the economy, there are signs of green shoots and the participation rate has improved to its highest level since October 2015. What Western Australia needs now are policies that create jobs, not destroy them.
“The McGowan Government has slugged households with substantial cost of living increases, slugged employers with increases to payroll and other taxes and they are cutting thousands of frontline jobs in the public sector. These are not initiatives to boost confidence or create jobs.
“The Government has also cut stimulatory policy measures such as the First Home Owners Grant boost, which was designed encourage housing and construction jobs, while assisting first home buyers.
“The policies of the McGowan Government are contractionary, taking money out of the economy, reducing consumer and business confidence and ultimately impacting jobs. While there are more people looking for work, the policies of the Government are not creating employment opportunities.
“The Premier and Treasurer need to realise they cannot tax and sack their way to economic growth.”
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