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Unemployment in (Central West NSW): A Snapshot of Joblessness Amidst Lockdowns
The proportion of people (aged 15 and over) who reported that they did not have a job of any kind in the week leading up to the 10th of August, but were actively looking for work during the four weeks prior to the 10th of August for the 2021 Australian Census. It is important to note that on this date, Victoria was in lockdown, whilst NSW and ACT would follow in the next fortnight.Unemployment data can be useful for property investors and those looking to move as it provides insight into the economic health of a suburb. High unemployment rates may indicate a lack of job opportunities and potential financial instability, which could impact property values and livability. On the other hand, low unemployment rates may suggest a thriving local economy and a desirable place to live. For example, a property investor may use this data to identify suburbs with low unemployment rates and strong job growth potential, while someone looking to move may use it to find areas with a stable job market and good quality of life. Additionally, low unemployment rates may also indicate a higher level of community engagement and social cohesion, which can contribute to a more livable and desirable neighborhood.
The Central West NSW region features several suburbs with high unemployment rates, indicating active job seekers striving to re-enter the workforce. Wyangala, Oakey Park, and Clergate are among the top suburbs where residents have reported experiencing unemployment. These areas reflect a significant proportion of individuals who were actively seeking employment as of the 2021 Australian Census. Carcoar and South Littleton also highlight regions with notable unemployment levels. During the census period, the socio-economic impact of the impending NSW lockdown and existing Victoria lockdown likely contributed to these statistics, reflecting the broader challenges faced by job seekers during the pandemic. The dynamics in suburbs like Kains Flat, Moorbel, and Bogan Gate, similarly illustrate an actively searching unemployed demographic, providing insight into regional employment trends and the resultant community efforts to secure new opportunities. Data from 2021
