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Ballarat's Labour Force Proportion: A Comprehensive Ranking of Suburbs
The total labour force divided by the total Australian population (aged 15 and over). The labour force is the total number of people (aged 15 and over) who are employed or unemployed. It includes people who are employed (worked for one or more hours for pay during the reference week) and people who are unemployed but are actively looking for work and available to start work.The labour force proportion data can be useful for property investors and those looking to move as it provides an indication of the employment opportunities in a particular suburb. A higher labour force proportion suggests a greater number of people are employed or actively seeking employment, which can be an attractive feature for those looking to relocate or invest in property. For example, a suburb with a high labour force proportion may be more appealing to young professionals or families who value job security and career opportunities. Additionally, property investors may use this data to identify suburbs with strong rental demand, as tenants are more likely to seek out areas with good employment prospects. Data from
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