New data released today by the Australian Bureau of Statistics (ABS) has confirmed Victoria's unemployment rate was 4.7 per cent in November 2025 - an increase of 0.1 points on the previous month.
In contrast, unemployment in New South Wales and South Australia both fell 0.4 points to 3.9 per cent and 4.0 per cent respectively as Victoria's unemployment rate has now remained above the national average for the past 22 months.
Under the Allan Labor Government, Victoria has the most debt, highest property taxes, poorest credit rating and worst business conditions of any state, as net debt continues to climb by more than $1.7 million an hour.
Leader of the Opposition and Shadow Treasurer, Jess Wilson, said: "Today's figures confirm Victoria remains the unemployment capital of the nation under Labor.
"Labor's waste, reckless spending and ever-increasing taxes are doing enormous damage to Victoria's economy and are driving jobs, investment and opportunity interstate.
"As Victoria's alternative Premier, my first priority is to get the budget back under control so we can lower cost-of-living pressures on Victorians and declare Victoria is back open for business.
"Labor cannot manage money and Victorians are paying the price."
