NSW has achieved the lowest unemployment among the states for a 14th consecutive month, as the latest ABS figures show the State’s unemployment rate dropped by 0.1 of a percentage point to 5.2 per cent in July.
Treasurer Gladys Berejiklian has welcomed the official data released today, which showed that the unemployment rate in NSW was significantly lower than other states.
“NSW remains the nation’s strongest economy and this is clearly demonstrated by our low unemployment rate, which has been the lowest among the states for more than a year,” Ms Berejiklian said.
According to the ABS figures, the second lowest unemployment rate was 5.9 per cent in Victoria, while the national unemployment rate fell by 0.1 to 5.7 per cent.
“The significant gap between the unemployment rate in NSW and other states underlines the strength of our economy and shows we continue to have the strongest jobs market in the country,” Ms Berejiklian said.
The NSW unemployment rate has been at or below the national result for the past 32 consecutive months.
“The NSW Government is working hard to create even more jobs and opportunities across the State and to retain our position as the nation’s number one economy,” Ms Berejiklian said.