Latest unemployment data from the Australian Bureau of Statistics shows that Victoria’s unemployment rate remains the second-lowest in the country.

When adjusted for seasonality, Victoria’s rate of unemployment remained unchanged since Novmeber 2016, at 6.0% (which is 0.3 percentage points above the national average). NSW record a significantly lower unemployment rate at 5.2%, while SA and WA had the highest unemployment raresin the country – 6.8% and 6.6% respectively, seasonally adjusted).

In Victoria, there was the largest increase in the number of peple employed – up to 13,600 people (seasonally adjusted). However, when all age groups (from 15-64 years) are considered, the Latrobe-Gippsland region continues to have the highest unemployment rate with a 6.5% in December. When comparing young people (between 15-24 years of age), Warnambool and Hume regions have the highest number of unemployed rates, with 19.1% and 20.6% respectively. The Gippsland-Latrobe region is sitting in the middle, with a 11.8% unemployment rate, which is lower than both the Victorian average (13.9%) and the Australian-wide average (13.4%).

The national unemployment rate remained at 5.7% for the ninth consecutive month in trend terms. In seasonally adjusted terms it rose to 5.8% despite the creation of 13,500 jobs nation-wide in December 2016.

Source: Labour Force, Australia, Detailed, Table RM1