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Unemployment in (Launceston and North East Tas): 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 it comes to the top suburbs in Launceston and North East Tasmania for unemployed individuals actively seeking work, Legerwood and Branxholm lead the rankings, reflecting higher proportions of job seekers. These suburbs are followed by Clarence Point, Winnaleah, and Kayena, each showcasing notable activity in job hunting. The prevalence of job-seeking individuals in these areas may be attributed to various socio-economic factors including local employment opportunities and economic conditions. Other notable suburbs include Ringarooma, Lanena, Elizabeth Town, Swan Point, and Deviot, which also demonstrate a significant proportion of residents actively looking for employment. Understanding these dynamics can provide valuable insights for local businesses and job placement services aiming to address unemployment in the region. Data from 2021
