Mr BONSON - 2007-02-14
Creating jobs and skilling Territorians is essential to maintaining our great NT lifestyle. Can the Chief Minister advise the House on what progress has been achieved in providing jobs for Territorians?
ANSWER
Madam Speaker, I thank the member for Millner for the question. Unemployment, as you have probably seen, is at a record low in the Territory. The most recent figures say, and we have never seen a figure like this before, that we have 2% unemployment in the Territory. It is an extraordinary figure, certainly unmatched in our history.
While we always treat these figures cautiously, there is a clear trend of very low unemployment. Over the past 12 months in terms of job creation, we have created between 5000 and 6000 jobs in our economy, which is among the fastest rate of employment growth in Australia. Treasury forecasts show that employment is expected to grow at around 5% this year across all sectors of our economy.
Of those new jobs, more than 2000 have been apprentices and trainees, and we have made a commitment over four years for 10 000 Territorians to commence training over that period. We are well on the way to meet that target.
The total number of Territorians in work is around 102 000. If you add Defence forces to that, you have 110 000 Territorians working. The most recent ANZ Bank Job Advertisement Series shows that we have had a 5.4% increase in job advertisements. That is against a national decrease of 4.6% in job advertisements.
This is a remarkable achievement, given that it comes on top of a year of record growth last year. We have kept our focus on providing jobs, creating more jobs and improving our skills base. More Territorians than ever have jobs and a record number of Territorians are now in training. That is good news for Territorians and the long-term wellbeing of our Territory economy.
ANSWER
Madam Speaker, I thank the member for Millner for the question. Unemployment, as you have probably seen, is at a record low in the Territory. The most recent figures say, and we have never seen a figure like this before, that we have 2% unemployment in the Territory. It is an extraordinary figure, certainly unmatched in our history.
While we always treat these figures cautiously, there is a clear trend of very low unemployment. Over the past 12 months in terms of job creation, we have created between 5000 and 6000 jobs in our economy, which is among the fastest rate of employment growth in Australia. Treasury forecasts show that employment is expected to grow at around 5% this year across all sectors of our economy.
Of those new jobs, more than 2000 have been apprentices and trainees, and we have made a commitment over four years for 10 000 Territorians to commence training over that period. We are well on the way to meet that target.
The total number of Territorians in work is around 102 000. If you add Defence forces to that, you have 110 000 Territorians working. The most recent ANZ Bank Job Advertisement Series shows that we have had a 5.4% increase in job advertisements. That is against a national decrease of 4.6% in job advertisements.
This is a remarkable achievement, given that it comes on top of a year of record growth last year. We have kept our focus on providing jobs, creating more jobs and improving our skills base. More Territorians than ever have jobs and a record number of Territorians are now in training. That is good news for Territorians and the long-term wellbeing of our Territory economy.
Last updated: 09 Aug 2016