The Gold Coast Bulletin

Alarming job loss crisis par for the course under Labor

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QUEENSLAND’S unemployme­nt rate of 7.5 per cent is now worse than Victoria’s, a state which is currently in Stage 4 lockdown.

The Palaszczuk Labor Government’s own figures forecast that Queensland’s unemployme­nt rate will jump to 9 per cent by the end of this year.

Queensland’s unemployme­nt crisis is alarming, but it is not new.

Thanks to Labor, Queensland had the nation’s worst unemployme­nt rate in the nation before coronaviru­s, as well as the highest number of bankruptci­es and the lowest business confidence

In fact, during every year of this state government, Queensland has had the worst unemployme­nt rate in the nation.

Because Labor can’t manage the economy, nearly 200,000 Queensland­ers are now out of work and others are giving up altogether, causing our job participat­ion rate to fall – in sharp contrast with the national trend.

Queensland continues to have the highest youth unemployme­nt rate at 15.5 per cent, as well as the most long-term unemployed.

Annastacia Palaszczuk’s failure to deliver an economic plan or State Budget has left Queensland facing years of high unemployme­nt and high taxes.

Only an LNP Government will provide the economic leadership that Queensland is desperate for.

The LNP will build new infrastruc­ture to create jobs, including the drought-busting New Bradfield Scheme and new dams to improve food and water security.

An LNP Government will also give Queensland­ers a no-new-tax guarantee, giving businesses the confidence to invest. Only the LNP has a plan that will stimulate the economy, create a decade of secure jobs and drag Queensland out of recession.

TIM MANDER, MP

LNP DEPUTY LEADER AND SHADOW TREASURER

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