Economy & Jobs

Labor believes that governments should use the instruments of economic policy to actively support economic growth and foster job creation during times of economic downturn.

Labor is committed to supporting jobs, businesses and the Australian community through tough conditions caused by the global recession. Labor is determined not to allow a generation of young Australians to be condemned to long-term unemployment.

Labor is committed to measures that help individuals who lose their jobs to retrain, to up skill and to increase their readiness for future employment, in order to avoid the long-term social and economic costs of unemployment. Labor is also committed to strengthening the economy through nation-building public investments that can lift long-term productivity growth.