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The job mobility rate in Victoria has declined

Around 280,000 Victorians changed jobs over the year to February 2024, representing 7.6 per cent of employed people. This has declined from a high of 10.1 per cent in 2022, consistent with slowing demand for labour. Of the Victorians who changed jobs over the year to February 2024, around half changed industry and around 40 per cent changed occupation.

Figure 2.2

State of the Victorian Labour Market 2024 - Figure 2.2: Fewer Victorians switched jobs over the year to February 2024, consistent with slowing demand for labour
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Updated