Victoria records 8 per cent job loss during Covid-19 pandemic

COVID-19 cuts eight per cent of jobs in Victoria

The highest number of payroll job losses have occurred in Victoria since March, the latest Australian Bureau of Statistics have revealed.

Victoria stands at eight per cent of jobs lost, followed by New South Wales, and then Western Australia and Tasmania respectively.

This is followed in order by Queensland, Australian Capital Territory, South Australia and Northern Territory.

Across Australia the hardest hit industries are the accommodation and food services and arts and recreation.

By October 17 these industries remained 18.0 per cent and 15.0 per cent lower than mid-March this year.

But very few industries are immune from the losses with mining, manufacturing, agriculture, retail, wholesale trade, media, finance and professional and scientific all recording losses.

Energy services, health and public administration jobs remained stable.

Australian figures report a total payroll job loss of 4.4 per cent, and a wage loss of 5.1 per cent across industries.

In age, the hardest people hit by job losses since March are those aged 20 years and younger and 70 years and over.

There has been a recorded loss of almost 14 per cent of jobs for those aged 70.

However, it is not all doom and gloom for the younger cohort, where between October 3 and October 17 there was a 2 per cent increase in jobs for those aged under 20, with an overall increase of 10 per cent since March.

Males and females seem equally hit, with a loss in wages also shown in the figures.

Male jobs across Australia decreased by 5.3 per cent and female jobs decreased by 4.7 per cent.

At the same time male wage payments decreased 7 per cent and payments to females decreased 3 per cent.

Tasmanian Tourism Council chief executive Luke Martin said reliance on JobKeeper in Tasmania was still concerning.

"Everything we are doing is focused on Summer, but too many businesses for my liking are on JobKeeper," Mr Martin said.

"50 per cent of industry have still got some staff on JobKeeper after six months," he said.

"It runs out in March, we are going into another winter, and I am concerned."


This story COVID-19 cuts eight per cent of jobs in Victoria first appeared on The Advocate.