Queensland loses 22,186 jobs

10 Mar 2011 8:57 AMJann Stuckey

10 February 2011

Weak employment figures released today highlighted the need to do everything possible to save and create jobs in the aftermath of the devastating floods and cyclones, the State Opposition said today.

LNP Shadow Treasurer Tim Nicholls said Labor Force statistics showed Queensland shed 22,186 jobs in February and had the second highest unemployment rate of any state.*

“All the jobs lost were part-time jobs,” he said.

Mr Nicholls said while 22,186 jobs were lost, Queensland’s unemployment rate remained steady at 5.6 per cent due to a fall in numbers of Queenslanders looking for work.

“This week Treasurer Andrew Fraser seized on the reported rise in business confidence quoting NAB’s February business survey, which other commentators had simply attributed to ‘a surge of relief in Queensland at the passing of the floods’. What the Treasurer failed to mention was that Queensland has, for a long time, and continues to have, some of the weakest business trading conditions in the nation,” said Mr Nicholls.

Shadow Minister for Job Creation and Small Business Jann Stuckey said Labor’s 2009 election promise of 100,000 new breadwinning jobs was looking dubious with just 30,884 full-time jobs created so far on the government’s preferred trend measure.

“There are 20,929 more Queenslanders who are unemployed now than there were at the last state election and our unemployment rate has risen from 4.9% to 5.6% during that time,” said Mrs Stuckey.

“Queensland businesses have experienced some of the weakest trading conditions in the nation for a long time now.

“This is not surprising when businesses and their customers continue to be whacked with a raft of higher taxes and charges, including power, water and fuel bills, licence fees and the highest vehicle registration charges in the nation,” she said.

“These taxes and charges are a direct result of Labor’s debt and deficit policy which is killing employment opportunities in Queensland,” said Mr Nicholls.

“An LNP government will be a friend not a foe to Queensland businesses and households.

“If the Labor government are serious about job creation, they will ‘get a move on’ and distribute flood and cyclone reconstruction funds as quickly as possible, not only to rebuild our towns and cities, but to also keep Queenslanders in jobs,” Mr Nicholls said.

Media contacts – Tim Nicholls 0438 859 145 / Jann Stuckey 0439 755 919

* All figures quoted are seasonally adjusted unless otherwise stated.