Friday, January 30, 2015

Qld: Employment figures show austerity policy disaster

Usually total and full-time employment grow around the same pace, and certainly in the same direction. But from the start of 2013, while full-time employment in Queensland stagnated or fell, total employment grew strongly – because of a growth in part-time employment. 

The bad news for Newman is even this growth has now dimmed. Queensland’s employment growth in the past 12 months is second worst only to South Australia, and similarly second worst over the past three years:

It’s not a picture that suggests the austerity measures have produced wonderful economic gains. The limited employment growth that Queenslanders experienced was short-lived and mostly for part-time work only – hardly the thing that is promised when politicians tell voters that the pain will be worth it.


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