UNEMPLOYMENT in Victoria has remained steady despite a sharp fall in employment during July, the latest ABS Labour Force statistics have shown.

The data, released last week, revealed Victoria and South Australia suffered the largest decreases in seasonally adjusted employment with approximately 12,300 job losses last month.

Unemployment, however, dropped .1% to 5.7%, equalling the national average.

Treasurer Michael O’Brien welcomed the new statistics, attributing the outcome to positive economic management.

“The Victorian Coalition government is committed to progressing a pipeline of infrastructure projects that boosts jobs and the local economy,” Mr O’Brien said.

“Our economic growth remains strong and, with a continued focus on responsible economic management, the Coalition government will continue to build for growth and the creation of job opportunities across Australia.”

For more information about the ABS Labour Force release, click here.