NSW is getting back to work with more than 14,500 people gaining full-time or part-time jobs last month, with figures released today showing the state\u2019s unemployment rate dropping to 5.4 per cent.
\nTreasurer Dominic Perrottet said the NSW unemployment rate is 0.3 percentage points lower than last month and is the second lowest among the states after Western Australia.
\n\u201cNSW is the engine room of Australia and we\u2019re powering ahead with economic recovery,\u201d Mr Perrottet said.
\n\u201cOur state\u2019s handling of COVID-19 clusters continues to be effective in balancing health and economic risks, and there\u2019s no doubt we\u2019re really seeing this pay off as more people re-enter the workforce.
\n\u201cChallenges still lie ahead and we must remain focused, particularly as post JobKeeper numbers come through towards the middle of the year, but today\u2019s numbers for March are a strong indication we have cause to be optimistic.\u201d
\nMinister for Jobs Stuart Ayres said almost all jobs lost during the peak of the pandemic had now returned in NSW.
\n\u201cIn March we saw 7,226 people gain full-time employment and 7,421 people gain part-time employment, while just 1,435 fewer people are now employed in NSW, compared to pre-COVID,\u201d Mr Ayres said.
\n\u201cThe state\u2019s participation rate has risen above its pre-COVID levels, with a 0.1 percentage point increase this month to 65.7 per cent. We\u2019ve also seen the female participation rate rise 0.5 percentage points to 61.3 per cent, a new record high.
\n\u201cWe remain cautiously optimistic of this improvement; however, we acknowledge with the ending of JobKeeper there may be some adjustment in job figures in the months ahead.\u201d
\n\u201cThe NSW Government will continue to provide targeted support where possible, which includes our recent announcement of a $50 million tourism and arts package, designed to support the industries likely to be impacted the most by the end of JobKeeper.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
NSW is getting back to work with more than 14,500 people gaining full-time or part-time jobs last month, with figures released today showing the state\u2019s unemployment rate dropping to 5.4 per cent. Treasurer Dominic Perrottet said the NSW unemployment rate is 0.3 percentage points lower than last month and is the second lowest among the … Continue reading “NSW POWERS AHEAD IN JOB RECOVERY”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11041","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/11041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=11041"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/11041\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=11041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=11041"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=11041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}