Support Small business job creation – media release

September 17, 2020

MORE AUSTRALIANS IN WORK BUT SMALL BUSINESSES STILL NEED PEOPLE TO GO LOCAL FIRST TO CREATE JOBS — COSBOA

The Australian Bureau of Statistics is reporting today unemployment has decreased as businesses are again adding staff, however, with small businesses having lost ten times as many jobs as big business, people still need to GO LOCAL FIRST.

Data from the Australian Bureau of Statistics (ABS) showed the economy added more than 110,000 jobs in August, with the unemployment rate having declined to 6.8 per cent.

The impact of stage four restrictions in Victoria has been laid bare as other states have seen improvements in employment, while Victorian businesses continue to have to lay off staff.

COSBOA Chair Mark McKenzie said, “For most of the country, it’s refreshing to see businesses adding more staff to their books, as restrictions are eased and life begins to return to normal.

“The impact of stage four restrictions in Victoria are stark and concerning, with around 42,500 Victorians having lost their job compared to previous data.

However, Mr McKenzie said while these unemployment figures are an improvement for most states, there is still a long way to go.

“Small businesses have, by far, taken the biggest hit. ABS data shows ten times more jobs have been lost in small business than in big business.

“While the improvement in unemployment is welcome, there is still a long way to go to replace the jobs which have been lost in small businesses.

Mr Mckenzie reminded Australians the best thing they can do to support small businesses create jobs is to GO LOCAL FIRST.

“The reality is not all of them are going to make it through this pandemic but if you think about how you can GO LOCAL FIRST, to support small businesses, it will help put small businesses in a position to create jobs, drive down unemployment, and help with our economic recovery.”

With the support of the Federal Government, COSBOA has launched GO LOCAL FIRST, a six-month campaign urging Australians to choose to buy from small, local businesses and support the national economic recovery.

Information and resources on how to support small businesses can be found at golocalfirst.com.au

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