The Albanese Government has achieved a significant milestone, with more than one million jobs created since it took office in 2022, according to the latest figures from the Australian Bureau of Statistics (ABS).
This marks the first time any government has overseen the creation of such a large number of jobs within a single parliamentary term.
Prime Minister Anthony Albanese described the figures as a “historic achievement,” particularly given the current economic conditions.
“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,” he said.
“This is the most jobs ever created in a parliamentary term in Australian history.”
In September alone, the ABS reported that 64,100 jobs were created, with 51,600 of them being full-time positions. This increase contributed to a rise in the labour force participation rate, which reached a record high of 67.2 per cent. An additional 54,900 people entered the workforce during the month, with female participation also hitting a new record of 63.2 per cent.
Treasurer Jim Chalmers praised the government’s approach, highlighting the success of creating over one million new jobs despite a slowing economy.
“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,” Chalmers said.
“It’s a tribute to Australian workers and employers and it justifies the responsible way we’re managing the economy.”
The figures also show strong jobs growth across the states, with employment in New South Wales, Victoria, and Western Australia reaching record highs. The labour market saw notable increases in New South Wales (up by 23,100 jobs), Victoria (21,700 jobs), and Western Australia (8,300 jobs).
Employment and Workplace Relations Minister Murray Watt pointed to the government’s focus on higher wages and job security as a way to address 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,” Watt said.
The government’s approach to boosting wages has resulted in the average full-time worker earning an extra $159 per week since Labor took office. Additionally, cost-of-living tax cuts have provided a $44 per week tax relief for the average worker.
While the Albanese Government remains focused on job creation and wage growth, the Coalition has faced criticism for its stance on workplace reforms. Treasurer Chalmers highlighted that the government’s achievements stand in stark contrast to the Coalition’s promises to cut labour hire workers’ pay and scrap protections such as the Right to Disconnect.
As Australia navigates economic challenges, Albanese affirmed his government’s commitment to ensuring more Australians are employed and earning more. “We’re all about more people working, earning more and keeping more of what they earn, and this shows we’re making good progress,” he stated.
Support Our Journalism
Global Indian Diaspora and Australia’s multicultural communities need fair, non-hyphenated, and questioning journalism, packed with on-ground reporting. The Australia Today – with exceptional reporters, columnists, and editors – is doing just that. Sustaining this needs support from wonderful readers like you.
Whether you live in Australia, the United Kingdom, Canada, the United States of America, or India you can take a paid subscription by clicking Patreon and support honest and fearless journalism. LINK: https://tinyurl.com/TheAusToday