April Labour Market data was released today and Member for McPherson Karen Andrews said the Jobs and Small Business package announced in the 2015 Budget should go a long way to tackling the youth unemployment on the Gold Coast.
Gold Coast employment figures released by the ABS today shows that the unemployment rate on the Gold Coast is 6.0%, which is below the Queensland and National average of 6.6% and 6.1% respectively.
The labour force on the Gold Coast is more than 14,000 higher than 12 months ago and still growing since last month.
The Youth unemployment figure for the Gold Coast is 15.0% which is just below the Queensland figure of 15.1%.
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“Youth unemployment is unacceptably high and as a government we are not prepared to let young people slip into long term unemployment,” Mrs Andrews said.
“That is why the 2015 Budget included a $375 million investment to help job seekers, especially young job seekers, into work.”
“We know it can be difficult for some young job seekers to get a foot in the door that is why we have the National Work Experience programme.”
“Under the National Work Experience programme job seekers can volunteer for up to 25 hours per week for four weeks, continue to receive their income support payment and also receive a supplement to assist with the costs of participation.”
“This builds on existing work experience arrangements which we know have good outcomes but are under used and will give our young job seekers the chance to develop practical work-related skills, gain workplace experience and build confidence in the workplace.”
Employers who go on to offer a young person paid employment can receive a wage subsidy of up to $6,500 over 12 months.
This Youth Wage Subsidy will be available if the young person had been unemployed for 6 months and can be paid from day one on a fortnightly basis to help with upfront costs.
“In combination with the Small Business package which will unlock business potential to invest more, grow more and employ more, we’re encouraging our employers and job seekers to have a go.”
Further information on the Jobs and Small Business package can be found at www.budget.gov.au