Unemployment on the Gold Coast has soared to its highest level in more than 18 years as further restrictions and border closures take their toll on the city.
According to the Australian Bureau of Statistics, the Gold Coast shed 8,800 jobs in July.
It follows an increase of 20,000 jobs in June when large parts of the economy were reopened.
ARTICLE CONTINUES AFTER THIS ADVERTISEMENT
The vast majority of jobs lost in July were full-time, with 8,600 positions disappearing, compared to just 200 part-time positions.
There was also a significant drop in people looking for work with more 5,000 people leaving the workforce.
There are now 30,800 people classified as unemployed on the Gold Coast.
The city’s unemployment rate jumped from a revised 7.9 per cent in June to 9 per cent in July.
That’s the highest level since February 2002.
The 12-month average unemployment rate on the Gold Coast is at 6.1 per cent.
Deputy LNP Leader Tim Mander described the situation as “dire”.
“Before Coronavirus Queensland had the highest unemployment in the nation and nothing has changed,” Mr Mander said.
“For Labor to cancel a State Budget in an election year and in the middle of a recession is economically reckless and the Gold Coast is paying a hefty price.”