Posted on 09. Jul, 2012 in News

The Baillieu Government’s failure to invest in Victoria and create jobs has contributed to 15 consecutive months of falling job advertisements, Acting Shadow Minister for Employment Justin Madden said today.

The ANZ Jobs advertisement research found the number of job advertisements in Victoria continued its tumble, recording a fall of 4.4 per cent for June or 34.6 per cent for the year to June.

Mr Madden said these were shocking figures and were further evidence that the no action, no plan Baillieu Government was hurting Victoria.

“The Baillieu Government’s failure to invest in jobs, infrastructure, manufacturing and skills has seen the Victorian economy go backwards under Mr Baillieu,” Mr Madden said.

“Victoria only 20 months ago was the engine room of the Australian economy and the envy of all other states.

“Meanwhile newspaper advertising has risen for three consecutive months in trend terms in New South Wales and South Australia.

“Under the Liberal-National Government of Mr Baillieu and Mr Ryan, Victoria is the dead-weight of the Australian economy.

“Month after month this year we have seen significant drops in job advertisements and this clearly indicates the Victorian business community do not have confidence in the dithering Baillieu Government.

“Declining job advertisements means it is harder for unemployed Victorians to get into work, especially given the government has slashed TAFE and education funding, stoping Victorians gaining new skills.”

Mr Madden said Treasurer Kim Wells recently claimed when the mining states do well Victoria does well, but in job advertisement data today the ANZ state clearly that one of the reasons that Victoria’s jobs crisis continues is because the state is losing its share of the mining boom.

“The weakness in Victoria is consistent with deterioration in other activity indicators for that state due to a combination of factors, including… weakening building construction and less flow-on effects from the booming mining sector.”

“Mr Baillieu may not want to work hard to create and protect jobs, but Labor does and that’s why we are developing a jobs and investment plan,” Mr Madden said.


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