What was the change in Victoria's labour force between 2001 and 2011?
Victoria's labour force grew by 430,000 (19.3%) between 2001 and 2011.
How has labour force participation rates changed?
Labour force participation rates in Victoria have been increasing for people aged over 50 years. For instance, the labour force participation rate of 50-54 year olds has increased from 77% to 82%, and for 60-64 year olds from 38% to 53%, between 2001 and 2011.
Part time work accounts for 40% of the increased employment of people aged 50 years and over.
There has been a slight decrease in the labour force participation rates of young adults (aged under 25 years). This is probably due to greater attendance in further education which delays entry into the workforce.