LNP Shadow Treasurer Scott Emerson ~ Weekly earnings growth in Queensland is the weakest in the nation

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Today’s figures from the Australian Bureau of Statistics confirm Queenslanders are earning less under Labor and it’s getting harder and harder to get hours and hold on to a job.

Weekly earnings growth in Queensland is the weakest in the nation.

In the last year average weekly earnings have increased by just 0.5 per cent, compared to the national average of 1.6 per cent.

Queenslanders would be earning almost $1,200 extra every year if wages growth in Queensland had kept pace with the rest of the country since Labor’s election.

While weekly earnings are barely increasing, Labor has been increasing taxes and fees such as car rego at 3.5 per cent.

These figures confirm that under Labor, Queenslanders are earning less and falling behind.

Sadly, Queensland also continues to have the second-worst unemployment rate in the country.

The trend unemployment rate has not budged from 6.3 per cent over the last four months and is 0.7 per cent higher than the national average.

While our seasonally adjusted unemployment rate fell last month, those same figures show a loss of more than 5,000 full-time jobs.

We know Queenslanders out there are not just worried about losing their jobs, but losing work hours and those concerns are reflected in the figures coming through.

The number of underemployed people has spiked by around 30,000 in the last 12 months.

It’s become harder for young people to get a job, with the youth unemployment rate increasing by 0.6 per cent in the last year.

There are now 8,300 fewer young people in work than 12 months ago.

Today’s figures again confirm it’s getting a lot harder for Queensland families under a Labor Government that chooses to ignore this problem.

 
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