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Unemployment in (Cairns): 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.
Hudson tops the list of suburbs in Cairns for unemployed residents, with a notably higher proportion of individuals actively seeking jobs compared to other regions. Many areas in Cairns, such as Murray Upper and Cow Bay, also show significant levels of unemployment, suggesting these locations might have fewer employment opportunities or industries affected by economic changes. Additionally, Portsmith and Ellerbeck illustrate moderate levels of unemployment, hinting at potentially better job availability or different economic dynamics. For those analyzing the employment landscape in Cairns, understanding these specific suburban statistics can help target resources and job creation efforts more effectively. Data from 2021
