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Unemployment in (Murray): 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.
For unemployed individuals actively seeking work in the Murray region, certain suburbs present a more favorable environment based on the proportion of jobless residents reported in the 2021 Australian Census. Dareton tops the list with a relatively higher percentage of unemployed individuals, suggesting a potentially larger network of job seekers which might foster a supportive community and more local job search resources. Koraleigh and Urana follow, also having notable proportions of unemployed residents, reflecting possible concentrations of available services and opportunities geared towards job placement. Suburbs like Wakool, Brocklesby, and Tooleybuc, although exhibiting a lower percentage of unemployed people, might benefit from visibility into local employment conditions and less competition for available jobs. As these areas vary in unemployment rates, they offer distinct advantages and potential resources for those seeking employment in the Murray region. Data from 2021
