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Unemployment in (Far West NSW and Orana): 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.
When considering the top suburbs for unemployed individuals actively seeking work in Far West NSW and Orana, Mumbil, Stuart Town, and Goodooga stand out with relatively higher unemployment percentages. Mumbil, in particular, registers the highest proportion, making it a notable area with substantial job-seeking activities. Stuart Town and Goodooga also show significant unemployment rates, indicating a strong presence of job seekers. These areas might provide opportunities for businesses looking to tap into a motivated workforce. On the other hand, Ravenswood and Ballimore display moderately lower rates, suggesting differing economic conditions. This analysis highlights the employment landscape nuances across Far West NSW and Orana, useful for policymakers and job seekers alike. Data from 2021
