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Unemployment in (Moreton Bay): 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.
Meldale stands out as the top suburb for the unemployed in Moreton Bay, featuring the highest proportion of individuals actively seeking work. Moore and Villeneuve follow closely, highlighting areas where job-seekers are concentrated. These suburbs, along with Stony Creek, Moodlu, and Royston, demonstrate significant levels of unemployment activity, suggesting a thriving and resilient community of job-seekers. For those analyzing economic opportunities in the region or crafting targeted employment programs, these areas offer critical insights into local labor market dynamics. Maximizing support and resources in these top-ranking suburbs could substantially enhance employment rates and economic growth in Moreton Bay. Data from 2021
