ABS Reports Sustained Jobs Growth In Victoria

ABS Reports Sustained Jobs Growth In Victoria

Victoria Treasurer Tim Pallas

Victoria Minister for Jobs Martin Pakula

426,800 Jobs Created Over Last 4 Years Is Highest In The Nation

Victor P Taffa

New data shows Victoria is again leading the nation, with nearly 427,000 jobs created by the Andrews Government during its first term nearly 300,000 of them full-time.

New labour force figures from the Australian Bureau of Statistics (ABS) show more than 30,000 jobs were created in the past month alone more than anywhere else in the country for November and the largest monthly increase in employment since October 2016.

“After 4 years of getting things done the Andrews Government has created more jobs than anywhere else in the nation.” Treasurer Tim Pallas said.

“These outstanding results are more than just a boost to the growing Victorian economy every one of these jobs is supporting families and communities across the state.”

Remarkably, Victoria’s jobs growth in November contributed more than 80 % of all jobs created throughout the Australia.

“We said we’d get Victorians back to work and this data shows that’s exactly what we’ve done.” Minister for Jobs Martin Pakula said.

“Today’s figures represent sustained job growth, supported by our investments in a stronger economy that benefits all Victorians.”

By comparison, employment in New South Wales during the same period decreased by 12,600 people.

A total of 103,800 jobs were created in Victoria in the 12 months to November this year more than 80 % were full-time roles.

VIC Minister for Jobs Martin Pakula

 

 

 

 

 

 

 

 

Today’s stunning result of 426,800 jobs in the past 4 years is more than 3 times the number of jobs created under the previous Liberal government.

Victoria’s unemployment rate has also fallen 2.1 percentage points since November 2014 and currently sits at 4.6 % well below the national average of 5.1 %.

Youth unemployment rate also fell to 11.8 % in November and has fallen by a total of 2.8 percentage points since November 2014.