Sunday, September 16, 2007

Job boom in regional Victoria


UNEMPLOYMENT has reached a record low in regional Victoria, according to state Treasurer John Lenders.

Mr Lenders said unemployment in regional areas had slumped to a record 4.6 per cent.
Data from the Australian Bureau of Statistics shows that in the year to August, regional Victoria's employment grew by 4.1 per cent.

The state had the second highest regional growth rate in Australia, behind resource-rich country Queensland.

"The unemployment rate is down 0.8 percentage points in the quarter to 4.6 per cent which is the lowest unemployment rate on record for country Victoria," Mr Lenders said.

The strongest performing areas were the Central Highlands-Wimmera, which recorded employment growth of 2.6 per cent and Goulburn-Ovens-Murray, which grew by 2.1 per cent.
Both were record jumps in employment.

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