Strong Outlook For Victoria’s Jobs Market

29 September 2016

Victoria's labour market is on track to remain the strongest in the nation, according to the latest job vacancy estimates from the Australian Bureau of Statistics (ABS).

ABS figures released today show job vacancies in Victoria increased by more than 16 per cent over the year to August 2016 – well above the national average of 9.9 per cent.

This is the equivalent of 45,300 job vacancies in Victoria in August 2016.

Compared with November 2014, the number of job vacancies in Victoria has increased by a staggering 36 per cent, with the majority of vacancies in the private sector.

Today’s figures are a direct reflection of Victoria’s economic growth and expansion, consistent with the latest robust employment and construction activity figures which show Victoria leading the nation.

The result is a strong and vibrant economy generating job opportunities for Victoria’s growing population.

Since the Labor Government was elected in November 2014, more than 176,000 new Victorian jobs have been created – with about 117,000 of those full time.

Quotes attributable to Acting Treasurer Robin Scott

“The increase in job vacancies in conjunction with rapid growth in employment and construction show that Victoria’s economic drive continues to gain momentum.”

“The Andrews Labor Government’s economic management and unprecedented infrastructure pipeline continues to drive the Victorian economy and outperform the rest of the nation.”

Reviewed 19 August 2020

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