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Government should abolish payroll tax to reduce jobless



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Bob Charles M P HI.

Federal Member for La Trobe

N E W S R E L E A SE

ACTING SHADOW MINISTER FOR INDUSTRIAL RELATIONS, EMPLOYMENT fc TRAINING IRET 41/92

GOVERNMENT SHOULD ABOLISH PAYROLL TAX TO REDUCE JOBLESS

The labour market deteriorated in May. Employment fell and unemployment rose on both an actual and seasonally adjusted basis. There are now more than 900,000

unemployed, not counting the under-employed and discouraged job-seekers.

Australia needs a circuit-breaker - a change of government by the people to inject confidence into the economy.

One element of FIGHTBACK! - the removal of payroll tax - would help many of Australia's 750,000 small businesses to increase their sales and employ more people. One job per small business equals 750,000 jobs.

In actual terms, full-time employment fell by 11,700; total employment fell by 8,900; and the number of people unemployed rose by 9,500 to 920,400.

In seasonally adjusted terms, the unemployment rate rose from 10.4 per cent to 10.6 per cent, and the trend series, which gives the broadest indication of the performance of the labour market, remained jammed at 10.5 per cent for the fifth consecutive month.

Victoria, South Australia and Tasmania are all registering unemployment rates well above the national average and their trend series are deteriorating, while the unemployment rate in NSW, Queensland and Western Australia has either stabilised or improved.

It is apparent that any economic recovery will not be spread evenly throughout the economy, and that unemployment will remain high in some states.

The continuing high level of unemployment, which is characterised by lengthening periods of unemployment, is a social catastrophe.

The aggregate figures conceal thousands of personal tragedies. Families are disintegrating and adolescents are being deprived of the chance to develop a work ethic.

Parents are struggling to keep their children at school. Unemployed, middle-aged adults are suffering personal crises.

BORONIA 11 June 1992 c o m m o n w e a l t h

PARLIAMENTARY LIBRARY MICAH

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