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Which state is Australia’s best for jobs?

By Matt Hurlston

Looking for work? Perhaps it's time to move to the country's fastest growing employment centre: Victoria.

The latest figures from the Australian Bureau of Statistics (ABS) have been released, and they show that Victoria's rate of unemployment is just 5.5 per cent. With many of those jobs in Melbourne, this could be fantastic news for anyone living in Carnegie and surrounds on the lookout for a role.

Victoria: A leading state to work and live

The seasonally adjusted figure of 5.5 per cent is not quite the lowest in the country – beaten only by New South Wales on 5 per cent. However, Victoria can claim the title of being the state with the fastest and greatest job creation from the past 12 months.

Victoria saw the largest employment increase of a massive 20,700 persons in August.

In fact, the state saw the largest employment increase of a massive 20,700 persons in August this year. Overall, that's seven months in a row that employment statistics have been on the rise. Additionally, the figures since November 2014 have also risen drastically, with an extra 176,100 Victorians in jobs, with more than 115,000 of these being full-time positions.

Such figures are impressive to say the least, but are even more so when compared with other states and territories within Australia.

For example, the decrease in the seasonally adjusted unemployment rate in Victoria was 0.3 percentage points. New South Wales dropped just 0.1 per cent, while other states saw increases. Victoria was also one of just two states that saw an increase in employment in August.

In a press release from the Premier of Victoria Daniel Andrews, the MP also pointed out that this data comes shortly in the wake of confirmation that the state also has both the fastest economic growth for the 2015-16 financial year, and the highest business confidence of any state or territory.

Minister for Employment Wade Noonan was particularly proud to see the figures moving in the right direction for Victoria.

"It's particularly pleasing to see unemployment and youth unemployment levels drop. We're investing in Victoria to create job opportunities and drive economic growth right across the state," he said.

Victoria's strong employment numbers are yet another reason to purchase property in Carnegie or one of Melbourne's other suburbs near the central business district. A home in one of these areas may bring you that much closer to a new career move within the state that's leading the way for Australian employment.

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