Unemployment rate drops

Published on 05 February 2019

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Corangamite Shire’s unemployment rate fell from 3.1% to 2.8% in the September 2017 to September 2018 period according to figures released by the Australian Government last week.

Corangamite continues to have one of the lowest unemployment rates in Victoria, remaining well below the Victorian state average of 5.3%. The number of people employed in the Shire also rose slightly.

Manager Growth and Engagement Rory Neeson said the fall in unemployment was reflective of a downward national trend.

He said while the low unemployment level was a good indicator of a strong local economy, the figures also presented challenges.

“Low unemployment is a real positive for Corangamite, making our communities great places to live,” Mr Neeson said.

“The agricultural sector is the Shire’s largest employer and has shown real resilience over the past few years.

“Visitor numbers are at record highs with demand for local produce continuing to increase.

“The flipside is that we have local businesses on the look-out for staff,” he said.

Mr Neeson said Council would continue to work to attract labour by promoting all the fantastic attributes that make Corangamite a great place to live.

“Corangamite, particularly in the central and northern areas, remains an affordable option for people looking to rent, buy or build.”

He added that Council was focused on supporting industry and small business to prosper and create more jobs in the Shire.

“We have a program of events that can assist with online marketing and digitisation, as well as offering one-on-one mentoring to help grow small business,” he said.

Council is hosting a day-long workshop on Wednesday 20 February for people interested in setting up hosted accommodation such as bed & breakfast or farm stays.

Retail industry specialist Martin Ginnane will visit Corangamite Shire later in the year to provide independent advice to local retailers.

For more information on upcoming workshops and events, visit www.corangamite.vic.gov.au/business