Treasurer Daniel Mookhey will soon deliver his government’s first budget but renewed fears about sections of the NSW economy faltering have taken the shine off.
, ranging from sole traders to large organisations with some 78,000 workers, has found 23 per cent planned to reduce staff in the coming quarter while 62 per cent expected to keep the same headcount and 15 per cent planned to hire more workers.
Women have been worst affected by the jobs slump, with the number seeking a job rising by 16,300 in July. The female unemployment rate jumped from an unusually low 2.6 per cent in June to 3.4 per cent. Male unemployment in NSW was virtually unchanged in July.
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