Media Release
Unions NSW
8th July 2010
NSW economy in a strong position despite
what critics would have you believe
Unions NSW Secretary Mark Lennon says that contrary to much of the commentary
surrounding the health of the states economy todays unemployment figures are proof that
New South Wales is a good place to work and invest.
Todays ABS figures show that New South Wales has the second lowest unemployment rate in
the country, with 14,800 jobs having been created in New South Wales over the past month.
These figures, coupled together with ABS figures released last month that show that New South
Wales had the highest level of growth in Final State Demand, are a positive sign of economic
recovery in New South Wales
Todays figures show that the New South Wales economy is far healthier than many would
have you believe
New South Wales has the second lowest unemployment rate in the country and is rebounding
well from the global financial crisis. said Mr Lennon.
The union movement sees further investment in training as the way to further reduce
unemployment.
The key to reducing unemployment further is to address the skills shortages in the economy.
This means matching people to training and training to jobs.
Unions welcome recent federal government announcements regarding training and
apprenticeships and will continue to press for greater investment in training. said Mr Lennon.
Contact: Stephen Dampf, Media & Communications Officer, 0405 663 466 or 02 9881 5999