Under the Albanese Government, more Australians are working, earning more and keeping more of what they earn, with today’s ABS Labour Force figures showing well over a million jobs (1,039,300) have now been created since Labor came to office in 2022.
This is the first and only time any government of any political persuasion has overseen the creation of a million new jobs in a single parliamentary term.
This is a remarkable achievement, in the context of a slowing economy and a labour market that is expected to soften.
Today’s result means the Albanese Government continues to oversee the largest increase in employment in a single parliamentary term in Australia’s history.
In September, 64,100 jobs were created – 51,600 of which were full‑time positions.
It’s also encouraging to note that the labour force participation rate continued to increase over the month, rising by 0.1 percentage points in September, to stand at a record high of 67.2 per cent.
That equates to an additional 54,900 people entering the labour force over the month.
Importantly, the female participation rate increased to a record high of 63.2 per cent, equating to an additional 23,100 women entering the labour force.
Strong jobs growth was recorded across most Australian states and territories in September with employment now at a record high in five jurisdictions.
Particularly positive results were recorded in New South Wales (with employment up by 23,100 or 0.5 per cent), followed by Victoria (up by 21,700 or 0.6 per cent) and Western Australia (up 8,300 or 0.5 per cent).
Helping all Australians find work and delivering higher wages is one of the best ways we can support households with current cost‑of‑living pressures.
The average full‑time worker is now earning $159 extra per week since the Albanese Government was elected. And the average full‑time worker is also receiving a tax cut of $44 per week because of the Government’s cost‑of‑living tax cuts.
But while the Albanese Labor Government is focused on supporting more well‑paid, secure jobs, Peter Dutton and the Coalition have promised to cut wages and working conditions if they’re elected.
Just this week, Shadow Finance Minister Jane Hume told Sky News the Coalition will “definitely consider” a request to allow medium sized businesses to unfairly dismiss their workers, without repercussions.
This is on top of earlier promises from Peter Dutton to cut labour hire workers’ pay and scrap the rights of casual workers and the Right to Disconnect, forcing Australians into more unpaid overtime.
At a time when many Australians are doing it tough, Peter Dutton and the Coalition will make things worse.
We’re all about more people working, earning more and keeping more of what they earn and this shows we’re making good progress.
Peter Dutton and the Coalition want you to work longer for less.
Quotes attributable to Prime Minister Anthony Albanese
“Today’s data shows that one million new jobs have been created since our election, and that our Government has helped more Australians than ever into secure, well‑paid jobs – earning more and keeping more of what they earn.
“This is the most jobs ever created in a parliamentary term in Australian history.
“The majority of our one million new jobs are full‑time, around half are for women and the gender pay gap is at a record low.
Quotes attributable to Treasurer Jim Chalmers
“More than a million new jobs in one parliamentary term is a pretty remarkable achievement in a slowing economy, and it means more new jobs have been created on our watch than any other government at any time.
“This is the first and only time any government of any political persuasion has overseen the creation of a million new jobs in a single parliamentary term.
“It’s a tribute to Australian workers and employers and it justifies the responsible way we’re managing the economy.”
Quotes attributable to Minister for Employment and Workplace Relations Murray Watt
“This is a great result that is helping more Australians deal with cost of living pressures.
“There’s nothing more important than having a well‑paid job, so that you can pay your bills, and that’s what the Albanese Government is delivering.
“In contrast, Peter Dutton has promised to make life harder for people, by cutting wages and conditions and making it easier to get the sack.”