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Unemployment in (Riverina): 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 top suburbs for unemployed individuals in the Riverina region offer diverse opportunities and environments that cater to those actively seeking work. Talbingo leads the rankings with its higher proportion of job seekers, potentially indicating a community with robust support networks or resources tailored for the unemployed. The Charles Sturt University area follows closely, likely influenced by the transient student population often between jobs. Suburbs like East Wagga Wagga demonstrate a moderate level of unemployment, suggesting a balance between job availability and job-seeking activity. Smaller communities such as Myall Park, Stockinbingal, and Ardlethan show lower unemployment levels, which could be indicative of tight-knit communities with fewer but more stable employment opportunities. Each suburb's unique economic and social landscape contributes to the varying rates of unemployment, making the Riverina a region with a complex and multifaceted job market for those in transition. Data from 2021
