The 2018 federal budget, released on Tuesday night, highlights the achievements of the past year in job creation in its "domestic economic outlook" section.
"official ABS figures show that Australia's labour market created record job growth rates in 2017, of which 3/4 were full-time jobs," the budget said. By January 2018, new jobs had been positive for 16 consecutive months, the longest ever recorded.
"the Australian Bureau of Statistics (ABS) data also showed that over the past year, on average, more than 1000 jobs per day have been created, with growth coming from all regions and industries. A strong labour market is expected to continue and unemployment will fall further. Wages are expected to rise as the labour market tightens.
"the Australian economy is expected to grow 2.75 percent in 2017-18 and further up to 3 percent in 2018 / 19 and 2019-20," he said.
Source: federal Budget 2018
One statement in the budget is what Treasury Secretary Morrison has often said so far last year: "create 1000 jobs a day."
Critics, however, argue that while more than 400000 jobs were created last year, averaging more than 1000 a day, it is a controversial feat compared to Australia's "stunning population growth."
In the 12 months to September 2017, Australia's population grew by three hundred and ninety five thousand six hundred people, or 1.63 percent, according to ABS data released in April. Among them, the total number of overseas immigrants increased by two hundred and fifty thousand, accounting for 63.2% of the total population growth. The number of new overseas immigrants in a year is almost the size of Hobart's population. Compared with other countries, Australia's population is growing at a very high rate, more than double that of the United States, three times that of the United Kingdom and four times that of France.