Tasmanians like Gabrielle Kidd are worried about their future employment prospects, as a new report details predictions for the state's economy
For 18-year-old Rosny College student Gabrielle Kidd, Tasmania's economic downturn has already begun to bite.International tourists will fall from 90,000 in 2019 to 39,000 in 2021Ms Kidd has applied for 35 jobs in the past few months, with no luck."It's really tough because I am currently really eager for a job, I really need it right now."
The report said Tasmania entered 2020 on a roll, with the state's economy one of the best performing in the country. International tourists will fall from 90,000 in 2019 to 39,000 in 2021, and gross state product will fall from growth of 3.6 per cent in 2019 to a decline of 0.2 per cent in 2021, before rebounding.Opening borders, extending JobKeeper 'key' to state's recovery
He said the state would need to increase the number of Tasmanians choosing to complete higher education courses to support the education sector. Deloitte is predicting Tasmania's economy will achieve a modest recovery once the pandemic is over, but economic activity is unlikely to return to pre-COVID-19 levels for some time."What we know is it will take longer for us to come out of the recession than it will take other parts of Australia to achieve, and that's because the nature of our market is really dependent on tourism and education," he said.
"It seems like many investors are waiting to see what happens with the borders, hoping that the borders will reopen sooner rather than later, so that they can return those properties to the short-term accommodation sector," he said.Deloitte Access Economics partner Chris Richardson said Tasmania's young people had been significantly impacted during the push to beat coronavirus.
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