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UNEMPLOYMENT, UNDEREMPLOYMENT RISE UNDER LIBERALS

May 16, 2019

Today’s labour force figures released by the Australian Bureau of Statistics (ABS) show that both unemployment and underemployment have risen for the March quarter under this chaotic Liberal Government.
 
Under Scott Morrison and the Liberals, the Australian labour market has developed serious structural issues of increasing insecure work, soaring underemployment and growing levels of youth unemployment along with stagnant wages growth.

The latest ABS statistics show 703,900 Australians are unemployed, and more than 1 million are underemployed.

There are more than 1.8 million Australians looking for work, or more work, but unable to find it.  

Under the Liberals, youth unemployment remains more than double the national average, having increased to 11.8 per cent.  More than 260,000 young Australians are unemployed.

Of particular concern to Labor is the rising the underemployment rate under the Liberal Government, which has jumped to 8.5 per cent.
 
Coupled with increasing insecure work, this is leaving too many Australians struggling to keep up with the cost of living.

As Treasurer and now Prime Minister, Scott Morrison has presided over the lowest wages growth since records began, and yet he supported cuts to penalty rates and voted against restoring penalty rates eight times. 
 
Under the Liberals, everything is going up except for wages. The Liberals are so out of touch that keeping wages low is a “deliberate design feature” of their economic plan.

When it comes to secure jobs with decent wages, Australians know that they can only trust Labor.
 
We need real change – because more of the same isn’t good enough.
 
End the chaos.  Vote for change.  Vote for Labor.

WE'LL PUT PEOPLE FIRST