Treasurer Michael O’Brien announced that the Coalition Government’s investment in major infrastructure projects will create ongoing employment opportunities in Victoria.
According to the media release issued by the Premier of Victoria, the Australian Bureau of Statistics (ABS) November figures reveal that employment in Victoria has increased by 1.2% and that Victoria had the highest monthly increase in full-time employment of all the states.
“Victoria has created more jobs over the year than any other state. The Coalition Government’s economic framework is supporting consistent job creation in the face of soft national and global economic conditions,” Mr O’Brien said.
“While there was a loss of 2,600 jobs in November, this follows the creation of 14,800 jobs in October and the addition of 33,400 new jobs over the year to November. There are now 70,200 more people employed in Victoria than when Labour left office in 2010.”
The Treasurer further added that the Government will continue to manage Victoria’s finances so that additional investments can be made in the critical infrastructure and services.
Victoria’s unemployment rate is up to 6.2 % from the 6% recorded last month, while monthly unemployment figures reflect some degree of volatility on a state level.
“Today’s labour force figures underline how important it is to have sound state finances that fund a strong infrastructure pipeline to generate jobs, increase investment and boost productivity.”
“By contrast, Labour is incapable of sound economic management as demonstrated yet again by its recent transport promises where Labour provided not one single dollar of secure funding commitments to pay for any of its promises. It is ‘desalnomics’ all over again. The Coalition Government’s record infrastructure investment program, outlined in the 2013-14 Budget, will continue to support Victorian jobs into the future,” concluded Mr O’Brien.
