NSW Treasurer Gladys Berejiklian said the ABS data showed there were 29,500 jobs added in July in NSW – more than four times the next highest state.
“This incredibly strong result accounts for more than three quarters of the jobs added across Australia and confirms we are truly the nation’s strongest economy,” Ms Berejiklian said.
NSW now has the nation’s lowest unemployment rate while NSW’s participation rate is equal to its historical high of 64.1 per cent.
The NSW unemployment rate has been at or below the national average for 21 consecutive months.
The data also shows that 251,800 jobs have been created since the Liberals & Nationals Government came into office in 2011 and almost 60,000 jobs have been added since the March election.
“We promised the people of NSW we would grow employment by 150,000 jobs over the next four years and clearly we’re on track,” Ms Berejiklian said.
The jobs data is the latest in a string of solid economic news including recent ABS data that confirmed NSW had the highest retail trade growth of any state and news that building approvals had reached 20-year highs.
It also comes on top of CommSec’s most recent State of the States report that showed NSW had consolidated its position as the nation’s strongest performing economy.
“The NSW Government will never rest on its laurels and will continue to work hard to grow the economy and add the jobs the people of this great State need and deserve,” Ms Berejiklian said.