Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nulla quis nibh risus. Pellentesque euismod, nisi id porttitor facilisis, enim lectus pulvinar leo, eu placerat elit mauris vitae sem. Quisque sagittis accumsan mi, non tristique orci viverra sit amet. Maecenas ac elit vitae sem scelerisque bibendum. Donec viverra augue mi, quis dapibus libero. Aliquam sit amet pretium orci. Maecenas fermentum lacus non massa sollicitudin tincidunt.

Victorian employment trend remains positive

Thursday, 10 October 2013
Acting Treasurer Gordon Rich-Phillips has welcomed today’s labour force figures which demonstrate that Victoria’s economy continues to perform well and that the fundamentals of the economy remain strong.  
 
According to the latest Australian Bureau of Statistics (ABS) figures over the year, Victorian employment grew by 14,700 persons (0.5 per cent). This was driven by increases in both full-time and part-time employment, which rose by 9,300 and 5,400 persons respectively.
 
“Today’s labour force figures show that over the year, Victoria was the only non-mining state to see an increase in both full-time and part-time employment,” Mr Rich-Phillips said.
 
“This demonstrates that the Victorian Coalition Government has the right framework in place to drive forward a strong economy and job growth right here in Victoria.” 
 
Victoria’s unemployment rate rose slightly to 5.8 per cent (+0.1 percentage points), up from 5.7 per cent last month, but remains at historically low levels.
 
“Victoria continues to have the highest labour participation rate of all the non-mining states and strong population growth,” Mr Rich-Phillips said.
 
“Compared with other states, Victoria has the third lowest unemployment rate, with only resource-rich Western Australia and New South Wales performing marginally better.
 
“There are continued strong business opportunities in Victoria, despite some of the challenges industries are facing due to global uncertainty.
 
“I recently announced that 120 new jobs will be created in our ICT sector and this is just one of a number of examples in which innovative companies are looking to invest and grow in Victoria,” Mr Rich-Phillips said. 
 
While the ABS employment figures reflect some degree of volatility in the data, in trend terms Victorian employment was positive, with growth of 24,900 persons (0.9 per cent) over the year.
 
“Today’s result demonstrates that the fundamentals of the Victorian economy remain strong and that the Coalition Government’s responsible economic management will continue to build for growth right across Victoria,” Mr Rich-Phillips said. 
 
Joomla Plugin

Media Releases

Monday 01 September 2014

Victoria Tourism Week showcases industry’s benefits

Minister for Tourism and Major Events, Louise Asher today welcomed Victoria Tourism Week 2014 as a chance to highlight one of the state’s most important industries.  

Monday 01 September 2014

New Act strengthens role of honorary justices

The new Honorary Justices Act 2014 takes effect today, for the first time consolidating the law relating to Bail Justices and Justices of the Peace into a single Act.  

Monday 01 September 2014

New law to crack down on alcohol-fuelled violence takes effect today

A tough new law comes into force today that will see violent drunks banned from licensed premises for two years.  

Monday 01 September 2014

Transformation in alcohol and drug services

From today, Victorians seeking drug and alcohol treatment will benefit from the Victorian Coalition Government’s new, enhanced and integrated addiction services.   

Monday 01 September 2014

All suspended sentences abolished from today

The Victorian Coalition Government’s abolition of suspended sentences takes full effect today, with suspended sentences no longer available for any offences committed in Victoria on or after today.   ...

Monday 01 September 2014

$4 million boost for people needing aids and equipment

An additional 2,000 people with a disability will receive immediate support to purchase aids and equipment as a result of a $4 million funding boost from the Victorian Coalition Government.    ...

MORE MEDIA RELEASES