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Unemployment in (Latrobe): 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.
If you're exploring the top suburbs for unemployed individuals in Latrobe, Rawson stands out with the highest reported proportion of unemployment. This may be reflective of the region's socio-economic landscape, particularly during the challenging periods of lockdown in Victoria. Following closely behind, suburbs like Coongulla and Port Welshpool also show considerable percentages of job seekers, indicating potential hotspots for employment support services. Additionally, areas such as Tenby Point and Golden Beach, while somewhat lower in unemployment rates, still represent significant communities of active job seekers. These insights are crucial for understanding and addressing unemployment trends and the need for employment opportunities and resources in the Latrobe region. Data from 2021
