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    Unemployment in (Other Territories): 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.

    In examining the top suburbs for unemployed individuals in Other Territories, Jervis Bay emerges as the leading area where a relatively higher proportion of residents were actively seeking employment but without a job during the specified period. This could be attributed to its unique geographic and economic factors that impact job opportunities. Conversely, Home Island, Norfolk Island, and Christmas Island exhibit notably lower proportions of unemployed individuals actively job hunting, suggesting more stable employment environments or smaller populations where employment fluctuations have a less pronounced effect. Given the lockdown situation in Victoria and subsequent restrictions in NSW and ACT around the census date, it's clear that regional dynamics play a significant role in these figures, influencing both the job market availability and unemployment rates in these territories. Understanding these factors is crucial for job seekers targeting specific areas and for policymakers aiming to address employment challenges effectively.     Data from 2021
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