Victoria’s jobs growth is the highest among the states with more than 478,000 jobs created since the Andrews Labor Government was elected in November 2014.
According to the latest Australian Bureau of Statistics Labour Force data, 68 per cent of those 478,800 jobs are full time.
The data shows that Victoria’s employment grew by 125,200 people in the year to May and by 28,600 people in May alone.
It shows Victoria is the nation’s engine room when it comes to jobs growth, with Victoria’s unemployment rate falling in May to 4.6 per cent – well below the national average of 5.2 per cent.
Since November 2014, Victoria’s unemployment rate has decreased by 2.1 percentage points, the largest decline of the states.
As noted by Treasurer Tim Pallas
“Victoria remains the engine room of the nation when it comes to jobs growth, with 478,000 jobs created since the Andrews Labor Government was first elected.”
“We will continue our unprecedented investment in health, education, roads, public transport and infrastructure because it’s not only what Victorians voted for, it also helps create jobs.”
“These figures are much more than statistics – they represent women and men across the state who are building a life for themselves and their loved ones.”
As stated by Minister for Jobs, Innovation and Trade Martin Pakula
“We want everyone to share in Victoria’s employment growth so we’re working to break down barriers that still exist for too many jobseekers through a range of initiatives, including our $100 million investment in Jobs Victoria.”