Month: March 2015

Gold Coast Unemployment – Age Demographics

Gold Coast Australia – Unemployment by Age Demographic
Source: ABS Regional Survey – data cube RM1

Age Group – Month/year – Unemployment percentages (current month)(last 12 months average)(series average):

15 – 24 – Jan 15 – 12.0%; Last 12 months 14.6%; Series 11.6%.

25 – 34 – Jan 15 – 4.7%; Last 12 months 5.0%; Series 5.3%

35 – 44 – Jan 15 – 2.7%; Last 12 months 4.0%; Series 4.5%

45 – 54 – Jan 15 – 1.8%; Last 12 months 3.1%; Series 4.4%

55 – 64 – Jan 15 – 1.0%; Last 12 months 4.8%; Series 4.7%

65 and

over * – Jan 15 – 4.4%; Last 12 months 4.0%; Series 5.9%

* Limited Data (n= 38)
Note: The sample size is > 190 months across the range apart from the [65 and over] group where limited data [n=38] is recorded due to problems with sample size.

Advertisements

Youth Unemployment – Gold Coast (.au)

Youth Unemployment on the Gold Coast (Australia)

In the latest regional data for January 2015, Gold Coast youth unemployment (15 – 24 years) was reported at 12.0%, down from 12.3% in December 2014. The moving average for the year ended January 2015 was 14.6% against a series average of 11.6% (n=196).

Highs & Lows (15 – 24 years old)

Highest Monthly totals: 19.9% in February 2010; 19.5% in March 2001.
Lowest Monthly totals: – 2.5% in Nov 2007; 3.5% in August 2008.

Seasonality
In terms of seasonal trends the monthly figures will be higher in the period February to June, as the labour market absorbs school leavers and graduates. The July to December period is when official figures are historically lower.

Employment Growth Projections

Employment growth* on the Gold Coast in the next three years is likely to be better in retail, health care and social assistance, and education and training.
__________________________________________________________________

* Employment Growth Projections by industry, accessed at http://lmip.gov.au/default.aspx?LMIP/EmploymentProjections on 26 Feb 2015.