17 May 2018
A record-breaking 500,000 new jobs have been created since the NSW Liberals & Nationals were elected in April 2011.
The jobs boom has been driven by increased female participation, which has reached an all-time high.
In the most stunning example of the economic revitalisation of NSW, 305,000 jobs were created since the last election in 2015 - double the Government’s jobs commitment.
NSW Treasurer Dominic Perrottet said the NSW economy was the driving force underpinning Australia since the end of the mining boom.
“Half a million people is about the combined population of Newcastle, Bathurst, Tamworth and Coffs Harbour. That gives you an idea of the magnitude of the economic revolution sparked by this government,” Mr Perrotet said.
“An economy that is creating jobs is one that is creating stability for people and families and giving them the ability to improve their standard of living and plan for the future.”
The jobs boom has been especially strong for women with female participation hitting an all-time high of 59.7 per cent.
The NSW female unemployment rate was 4.7% - the lowest of any state in Australia, while jobs growth for women was 6% in the past year.
The male unemployment rate was 5.2 per cent and the NSW unemployment rate 5 per cent.
Mr Perrottet said in the past year 156,000 new jobs were created with 142,000 of these being full time roles.
“It’s a great testament to everything we have done to rebuild NSW after Labor left it bogged up to the axles and incapable of moving forward.”