Thursday, 12 November 2015
Questions without Notice
I am delighted to be able to advise you of the government's track record when it comes to job creation, Senator Edwards, because it is a very strong record. Since the government came into office, we have had 366,400 jobs created in the Australian economy. In 2013 when the Labor Party left office, employment growth was at the rate of approximately 2,000 per month, an annual jobs growth rate of about 0.2 per cent. In the past year, the jobs growth rate has been more than 10 times that in the last year of the Labor government, with more than 26,000 jobs created every month, an annual growth rate of 2.7 per cent. It was 0.2 per cent under the Labor Party and it is 2.7 per cent annualised now.