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Wednesday, January 11, 2006

44th Consecutive Month of Employment Growth - Lara Giddings, MHA - Tasmanian Government Media Releases

44th Consecutive Month of Employment Growth - Lara Giddings, MHA - Tasmanian Government Media Releases

Australian Bureau of Statistics (ABS) figures released today show that more Tasmanians are in the workforce than at any other time in our history.

Economic Development Minister Lara Giddings said ABS Labor Force statistics for December 2005 show that employment in Tasmania has increased in each of the 44 months to December 2005 to 224,400 persons.

“Since coming to office the Tasmanian Labor Government has created around 29,100 jobs for Tasmanians,” Ms Giddings said.

“This continued jobs growth is a great indicator that Tasmania’s economy continues to be strong and stable.

“In the year to December 2005 the rate of jobs growth in Tasmania was more than twice that of the rest of Australia.

“Over the past year around 8,800 more Tasmanians found employment, which is 4.1 per cent higher than in December 2004, and a great result compared to national employment growth of just 2.0 per cent.

Ms Giddings said Tasmania’s participation rate, which indicates how many people are now actively looking for work continued to improve.

“At 61.5 per cent, our participation rate is the highest it’s been since April 1991.

“This means more Tasmanians who in the past may have been unemployed and had given up looking for work are now confident enough to look again because they know there are more jobs available in Tasmania now than at any time in the past.

Ms Giddings said the latest job growth figures dispel the scaremongering of Shadow Minister for Economic Development Mr Will Hodgman.

“Earlier this week, Mr Hodgman was claiming the sky was falling and that jobs growth in Tasmania had stalled,” Ms Giddings said.

“These latest figures are the best indication that jobs growth in Tasmania and our economy remain strong, and that Mr Hodgman whose party presided over double digit unemployment, does not know what he is talking about.”

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