- Date:
- 29 Nov 2024
Labour market conditions in Victoria remain positive
The unemployment rate remains low, and the share of people either working or looking for work is at a record high. The job vacancy rate has eased, and employability skills are in high demand.
The Victorian labour market will see high workforce growth in the next 10 years
Around 392,000 new workers are expected to enter the Victorian workforce by 2027, and 1,421,000 by 2034. Almost all of the expected demand will be in jobs that require post-secondary qualifications.
Updated