Latest jobs data shows no region can be left behind
- Almost 20,000 jobs lost in past two months
- No region spared job pain
- Plunging participation rates mask tragic levels of unemployment
New data released today by the ABS shows no region of Tasmania has escaped the catastrophic job losses from COVID-19.
Since March, Greater Hobart has lost 10,500 jobs. Launceston and the North East has lost 4,100 jobs, the West and North West has lost 2,200 jobs, and the South East has lost 1,400 jobs.
Shadow Treasurer David O’Byrne said at the same time, the current lack of job opportunities has seen participation rates plunge.
“What that means is that the true extent of the current jobs crisis is being masked by low levels of workforce participation,” Mr O’Byrne said.
“Low participation means workers are losing hope. Hope is delivered by a government with a plan to get through this time and build to the other side.
“If participation rates were at the same level as they were in February, the statewide unemployment rate would be almost 13 per cent.
“By region, Hobart’s unemployment rate would be 14.4%, Launceston’s would be 11.3%, in the South East it would be 12.5% and in the North West it would be 11.8%.
“What this shows is that no region has been immune to the tragic job losses Tasmania has seen in recent months.
“This reinforces our call to extend the JobKeeper program beyond the Federal Government’s drop dead date of September.
“We need to do all we can to support people who have lost their jobs or had their hours cut and who are suffering ongoing hardship due to the pandemic. And we need to make sure no region and no sector is left behind.
“Labor’s COVID-19 Recovery Package is designed to get Tasmanians back into jobs, help those hardest hit by the pandemic and create a better, fairer and more resilient economy and society.”
“I urge the Premier to urgently consider the many ideas contained in Labor’s recovery package to create jobs right across Tasmania.”
David O’Byrne MP