Manufacturing jobs rise in Victoria for second consecutive quarter
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14 June 2012
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Manufacturing jobs in Victoria increased for the second consecutive quarter, according to the latest Australian Bureau of Statistics (ABS) labour force data, despite the challenges of a strong dollar.
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Employment in manufacturing has increased in Victoria, while it has fallen across the nation generally. The ABS quarterly labour force data for May showed 311,800 people were employed in manufacturing, 16,700 more than in August 2011. The majority of the increases in jobs were in full-time employment.
The figures demonstrate the fortitude and resilience of the Victorian manufacturing industry has shown in the face of multiple challenges including the currency appreciation and intense global competition.
Victoria has long been the manufacturing heartland of Australia, with over 100 years of manufacturing expertise and producing over a quarter of Australia’s output. Not only does the state have some of the highest quality production plants in the Asia-Pacific region, it is also among the most innovative, conducting 40% of Australia’s manufacturing R&D.
The Victorian Government recently introduced a A$58 million strategy to help manufacturers build a strong and successful future by improving their productivity and competitiveness, and by assisting them in identifying and capturing emerging growth markets globally. |