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Unemployment in (Hobart): 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.
When looking at Hobart's top suburbs for unemployment, Risdon stands out with the highest unemployment rate, suggesting that job-seekers might find more community support and networking opportunities among fellow job-seekers. Ridgeway and Copping follow closely, indicating these areas also have a notable presence of unemployed individuals actively looking for work. Lower Longley and Roches Beach present slightly lower rates but still signal significant communities of job-seekers. These suburbs might be ideal for those looking for strong local job search resources and support networks. Understanding the unique unemployment landscape of these areas can help in seeking targeted employment aid and opportunities. Data from 2021
