When the Coalition was first elected in late-2013, Employment Minister, Eric Abetz, trumpeted that the Government would deliver a “powerhouse economy” that will produce 1 million jobs over five years and 2 million jobs over 10 years.
At the time I noted that the 1 million jobs target – or 16,667 jobs per month – would actually represent a mediocre outcome that would be below the 17,174 jobs per month created in the decade to September 2013, which also included the fallout from the Global Financial Crisis.
