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Victorian jobs decline slows in August; rest of the country bounces back

Maja Garaca Djurdjevic
Maja Garaca Djurdjevic
08 September 2020 1 minute readShare
Victorian jobs decline slows in August

While stage 4 restrictions in Victoria have continued to yield job losses across the state, the rest of the country has shown a slight growth in payroll jobs over the month to 22 August, the latest figures released by the Australian Bureau of Statistics show.

Payroll jobs across Australia fell by 0.4 of a percentage point over the month to 22 August, on the back of a 2.0 per cent decline in Victoria, data from the ABS has shown.

“Over the month to 22 August, payroll jobs fell by 2.0 per cent in Victoria, while for the rest of Australia, payroll jobs rose by 0.1 [of a percentage point]. While payroll jobs continued to fall in Victoria into the third week of August, it was at a slower rate than earlier in the month,” said Bjorn Jarvis, head of labour statistics at the ABS.

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Nationally, payroll jobs at 22 August were 4.2 per cent below mid-March, when Australia recorded its 100th confirmed COVID-19 case.

Payroll jobs in Victoria were 7.9 per cent below the level reported in mid-March, compared with 2.9 per cent for the rest of Australia.

 

“While accommodation and food services and arts and recreation services have recovered close to half (40 per cent and 49 per cent) of payroll jobs lost since the low point in mid-April, they remain 21 per cent and 14 per cent lower than mid-March,” Mr Jarvis said.

“These industries remain particularly hard hit in Victoria, where payroll jobs were 38 per cent and 23 per cent, respectively, below mid-March.”

In mid-March, the four industries with the largest share of payroll jobs (41 per cent) were healthcare and social assistance; retail trade; professional, scientific and technical services; and education and training. By 22 August, these industries were back to over 96 per cent of the payroll jobs recorded in mid-March.

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Victorian jobs decline slows in August; rest of the country bounces back
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Maja Garaca Djurdjevic
Maja Garaca Djurdjevic

Maja Garaca Djurdjevic is the editor of My Business. 

Maja has a decade-long career in journalism across finance, business and politics. Now a well-versed reporter in the SME and accounting arena, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies and enabling citizens to influence decision-making.

You can email Maja on [email protected] 

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