Hon Simon O'Brien MLC

Hon Simon O'Brien MLC

Former Minister for Finance; Commerce; Small Business

    WA leading the nation in job creation

    11/05/2012 12:00 AM
     
    • WA unemployment and youth unemployment rates lowest in nation
    • Youth unemployment well below national average
    • State Government’s local industry participation initiatives have helped WA business to secure more than $17.7billion in contracts since July 2011

    Commerce Minister Simon O’Brien has welcomed Australian Bureau of Statistics (ABS) figures showing Western Australia’s youth unemployment fell from 16.2 per cent to 11.8 per cent in April.

     

    WA’s youth unemployment rate was well below the national average of 22.5 per cent, and was in stark contrast to Victoria and South Australia at 26 per cent and 29 per cent respectively.

     

    “The strength of the WA figures relevant to the rest of the nation is proof that Western Australia is the best place to be if you are looking for a job,” Mr O’Brien said.

     

    The Minister said coupled with the State’s drop in the overall unemployment rate to 3.8 per cent (seasonally adjusted) in April, the data demonstrated the success of the State  Government’s strategies to increase local content and create more jobs for West Australians.

     

    “These statistics are proof that the unions’ claims that this Government is not doing enough to create local jobs are completely unfounded,” he said.

     

    Initiatives introduced by this Government include the Industry Facilitation and Support Program (IFSP), which offers dollar-for-dollar financial assistance up to $25,000 to eligible small to medium-sized enterprises looking to supply to major resource projects under way in the State.

     

    Mr O’Brien said 56 WA companies had received a share of more than $1.2million under the IFSP to date, with another 16 applications being assessed.

     

    The Minister said despite the improvement in the rate of Western Australia’s youth unemployment, the State Government would continue to work with industry stakeholders on ways of reducing this further.

     

    The Liberal-National Government has invested heavily in workforce development and training and increased the total number of training places, and the number of apprentices and trainees enrolled in training, to record numbers during this term of Government.

     

          Fact File

    Minister’s office - 6552 5800