Vic govt defends Aust's biggest job slump

Written By Unknown on Kamis, 11 April 2013 | 11.50

A VICTORIAN government frontbencher has lamented the performance of the national economy as he defended more jobs being lost in the state than anywhere else.

Some 9300 fewer people were employed in Victoria in March compared with the previous month, which was the largest slump seen anywhere in Australia.

Planning Minister Matthew Guy says the figures should be considered in the long-term, noting in February the state added almost 38,000 jobs.

"We know that the economy nowadays is not as strong as it might have been in the boom times of the mid-1990s, for instance, when the national economy was growing at six per cent," he said.

"But what we are seeing, of course, is an important level of restructure in the planning system that will be there to provide an incentive for growth in the future."


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