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Unemployment in (Warrnambool and South West): 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.
For those considering the top suburbs for the unemployed in Warrnambool and South West, areas like Skenes Creek, Gellibrand, and Merino stand out. Skenes Creek exhibits the highest proportion of individuals actively seeking employment, followed closely by Gellibrand. These suburbs provide opportunities for community and support as unemployment rates are relatively high. On the other hand, areas like Marengo and Barongarook West show significantly lower proportions of unemployment, offering a contrasting environment. Individuals seeking a supportive community for job seekers might find the higher-ranking suburbs more beneficial, while those preferring regions with lower unemployment rates might consider the latter suburbs. The data reflects trends during the 2021 Australian Census, underscoring the impact of Victoria's lockdown on local employment dynamics. Data from 2021
