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budget.vic.gov.au

The Jobs Plan

Before the pandemic, some 523,000 new Victorian jobs were created between November 2014 and March 2020.

In fact, our State created more jobs in this period than any other state or territory in Australia.

Victoria’s Jobs Plan wants to replicate this success, getting more Victorians back to work, while building an inclusive and innovative economy.

This is underpinned by two key principles:

Firstly, not leaving any worker, sector or community behind. Genuine recovery means inclusive recovery, where every Victorian gets the support they need.

Secondly, playing to our strengths. Victoria has a range of fundamental strengths that will be critical to our rebuild and our long-term future.

A plan though, isn’t worth much without a clear goal.

It’s why the Government is setting an ambitious Jobs Target – to create 400,000 new jobs by 2025, 200,000 by 2022. These are big numbers – but we shouldn’t lose sight of what they really mean.

We need to get more Victorians in work, finding purpose and security. Not just so more families are able to pay the bills, but so they’re able to plan for their future. And that future is a Victoria that is fairer, stronger and more inclusive – for everyone.

What it means

The Jobs Plan will provide a targeted, timely economic stimulus that kick-starts the economy – getting more Victorians back to work and laying the foundations for a more inclusive and innovative economic recovery.

The Jobs Plan is built on fundamentally strong budget settings, a track record of investment in services and infrastructure, and an enviable record of economic growth throughout the State.

It also reflects that there is no ‘one’ Victorian worker, business or community. An effective recovery plan requires tailored support to meet the diverse needs of our State.

Guiding this work, the Jobs Plan has four distinct elements:

  1. Victorians at work: Getting Victorians back to work
  2. Building opportunity: Building our State as we rebuild our economy
  3. Supporting industry and growth: Support for industries and leveraging our strengths
  4. Supporting every corner of our State: Ensuring no community and no Victorian is left behind

Together these four key pillars will help grow jobs, get more Victorians in work and begin our State’s recovery.

The Jobs Plan, as well as other initiatives announced since the 2019-20 Budget Update, will support around 125,000 jobs over the life of these initiatives.

Reviewed 14 April 2021

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