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NSW Goverment refusing take job losses seriously

The NSW Government should urgently convene a Jobs Summit to address the 1000s of jobs being lost, the Labor Opposition said.

The O'Farrell Government should urgently convene a Jobs Summit to address the thousands of jobs being lost in NSW on its watch, the Labor State Opposition said today.

Acting Premier Andrew Stoner today rejected calls for a Jobs Summit to be held to help tackle rising unemployment in NSW.

"The O'Farrell Government is refusing to take the thousands of jobs being lost around NSW seriously," Shadow Treasurer, Michael Daley said today.

"Barry O'Farrell promised to create 100,000 new jobs in NSW, but we have actually seen 7,000 jobs lost across the State since he came to office.

"Given the O'Farrell Government's promise to create jobs is in tatters, the NSW Labor Opposition is backing calls for a NSW Jobs Summit.

"The 630 Kurnell job losses are just the latest to hit NSW under Mr O'Farrell, with other major job losses at Hunter bus maker Volgren, Kell and Rigby, Reed Construction, St Hilliers and the Hastie Group.

"In June, NSW lost 14,544 jobs under the O'Farrell Government – with the State's unemployment rate increasing to 5.1 per cent.

"NSW also accounted for more than 80 per cent of all full time jobs lost nationally in June alone.

"On top of these massive job losses, Mr O'Farrell has broken his promise to improve services and is sacking 15,000 workers from our schools, hospitals, child protection and emergency services."

Mr Daley added that the NSW labour force is also shrinking – with 9,441 people giving up looking for work since Barry O'Farrell came to office, meaning they are no longer counted in the unemployment rate.

"NSW now has the lowest workforce participation rate in mainland Australia, 1.9 percentage points below the national average," Mr Daley said.

"If the 'hidden unemployed' persons were counted – and the NSW participation rate was at the national level – the NSW unemployment rate could be as high as 7.9 per cent.

"There are fewer jobs in NSW today than when Mr O'Farrell was first elected to office."

Unlike Barry O'Farrell, NSW Labor has a plan to create jobs in our State.

NSW Labor would redirect the $188 million in funding set aside for the failed regional relocation scheme in the Budget to targeted job assistance programs – which would be overseen by a NSW Jobs Commission.

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