The latest labour market data, released today by the ABS, shows that the Tasmanian economy is continuing to thrive under a Liberal Government, despite national economic headwinds.
Tasmania’s unemployment rate remained stable at 4.2 per cent in October continuing a period of nearly three years of unemployment at or below 4.2 per cent.
Treasurer, Guy Barnett, said this welcome news comes a day after Tasmania led the nation in wage growth over the 12 months to September.
“The latest figures show approximately 279,800 Tasmanians are in jobs, that’s nearly 45,000 more than when we came to Government in 2014,” the Treasurer said.
“Under the strong economic management of the Liberal Government we are seeing more opportunities for Tasmanians than ever before.
“This is despite the ongoing negativity from the hapless Labor party who relish in any opportunity to talk Tasmania down.
“Through our 2030 Strong Plan for Tasmania’s Future we’re telling the world that Tasmania is very much open for business, that we’re creating jobs and stimulating economic development.
“Despite the challenges of high interest rates and high inflation, Tasmanian businesses are continuing to invest and continuing to hire. We have seen inflation start to come off and this is further encouraging news for Tasmanians.”
