Eric Abetz (Tasmania, Liberal Party, Shadow Minister for Employment and Workplace Relations) Share this | Link to this | Hansard source

asked the Minister representing the Minister for Employment and Workplace Relations, upon notice, on 25 June 2012:

With reference to the promise made by the Treasurer in the 2011–12 Federal Budget, that the Government would create half a million jobs:

(a) how many jobs have been created; and

(b) how many will be created.

Joe Ludwig (Queensland, Australian Labor Party, Minister for Agriculture, Fisheries and Forestry) Share this | Link to this | Hansard source

The Minister for Employment and Workplace Relations has provided the following answers to the honourable senator's questions:

(a) In contrast to most developed economies, Australia's labour market has performed strongly since the onset of the global financial crisis. Australian employment has grown by around 800,000 persons since late 2007, while the rest of the world has shed over 25 million jobs, in net terms, over the same period.

(b) The Government's employment forecasts were updated in the 2012–13 Budget released on 8 May 2012. Over the two years to the June quarter of 2014 and in net terms, 360,000 jobs are expected to be created.