Employment growing
In the two years to 2008, total employment in the City of Melbourne increased by 14 per cent, or just over 50,000 employees, compared to 5.2 percent employment growth in metropolitan Melbourne. In the 2004-2006 period, total employment in the City of Melbourne increased by 10 per cent, or just over 33,500 employees, compared to 5.4 percent employment growth in metropolitan Melbourne.
Of the 50,000 new jobs in the two years to 2008, around 30,000 were full-time, increasing total full-time employment by 12 per cent from 240,000 to 270,000. Part-time, casual and contract employment grew by 17 per cent, from 122,000 to 143,000.
Floor space growing, vacancy declining
In the two years to 2008, built floor space increased by nine per cent, from 29.1 to 31.5 million square metres. Despite record growth in built space, vacancy rates have declined to their lowest levels sine 1997. Vacant floor space decreased by 28 per cent in the two years to 2008 from 1,165,440 m2 to 839,468 m2.
Establishment and residential apartment numbers growing
The City of Melbourne has 15,305 establishments (business locations) – 1,445 more than in 2006. The number of residential apartments in the City of Melbourne increased by almost 4,500 over the past two years, with most of the growth occurring in the Central Business District (2,013) and North Melbourne (953).
The impact of the municipal boundary change
Some of this growth is due to the expansion of the municipal boundaries into North Melbourne and Kensington, with the altered boundaries adding 2,600 jobs, 246 establishments 1,178 apartments and 810,000 square metres of built floor space to the municipality.
All the information from the CLUE 2008 brochure, including table representation of the graph data, is available at:
CLUE 2008 brochure (PDF, 2MB) 
Note: The next CLUE information (CLUE 2010) is being released progressively by small area and is available at CLUE free reports.
See also:
Further information
Enterprise Melbourne – research by industry sector