The NSW jobs market is again the strongest in the nation and well ahead of any other state for the 26th consecutive month, with new figures showing an extra 92,000 full time jobs over past year.
This was the strongest of any state by far and accounted for almost half of all full-time jobs created in the nation in the last 12 months.
The figures from the Australian Bureau of Statistics also show NSW has added 182,000 total jobs since April 2015, far exceeding our election commitment to create 150,000 jobs in this term.
NSW Treasurer Dominic Perrottet said he was pleased to see full-time jobs accounted for almost three quarters of all jobs created since April 2015.
“NSW remains the best state for jobs by a significant margin, especially when it comes to full-time jobs, with an economic environment underpinned by the discipline and focus of the NSW Liberals and Nationals Government,” Mr Perrottet said.
“What a stable job means in NSW is the ability to pay the bills, to meet your home loan repayments. It’s no coincidence that the Reserve Bank analysis this week showed that mortgage arrears in NSW were by far the lowest at 0.3 per cent.
“I’m proud of this result because that’s good news for families and the juggle we all face in balancing the books at home,” Mr Perrottet said.
Unemployment in NSW was 5.0 per cent in July – more than a full percentage point below Victoria, Queensland and South Australia. Unemployment in the rest of Australia was 6.0 per cent in July.
Youth unemployment also continues to be the lowest in the nation, according to the ABS.