Strong Base To Build Victoria’s Economic Recovery
The Victorian Government’s work to bolster the economy, support workers and protect businesses against the devastating effects of the coronavirus has put Victoria in a strong position to rebuild as the state reopens.
New figures released today show more jobs were created than lost over the course of the past financial year.
While 238,600 Victorians lost work between March and September 2020, 240,200 Victorians found work between September 2020 and June 2021.
Despite the effects of the pandemic on the labour market, between November 2014 and June 2021 520,800 jobs were created in Victoria, including 97,800 in regional Victoria, showing we are in a position to bounce back strongly again as restrictions ease
The report presents the consolidated financial outcomes for Victoria, including the general government sector, the public non-financial corporations sector and the public financial corporations sector.
The deficit was $14.6 billion,…