City of
|
Indicator |
Unemployment |
|
Description |
The %
of the economically active population that is unemployed. |
|
Existing Trends
|
![](3D"file:///C:/E5C82234/Unemployment_files/image002.gif")
|
Significance |
Unemployment in the City grew from 17.3% in 1995 to 2=
9.2%
in 2001. There was then a =
drop to
15.1% in September 2006 followed by a rise to 18.9% in March 2007 and a =
drop
to 16.9% in September 2007. This
is based on the official definition of unemployment which is those peopl=
e in
the economically active population (aged 15 to 64) who did not have work=
in
the previous seven days, are prepared to start work within two weeks and=
have
actively taken steps to find work in the previous four weeks. When using the expanded definition the unemployment r=
ate
increases from 15.1% to 23.2% in September 2006, from 18.9% to 25.2% in =
March
2007and from 16.9% to 22.0% in September 2007. The expanded definition include=
s all
people who did not actively take steps for find work in the previous fou=
r weeks. |
|
Implications |
For the City’s economy to grow there needs to b=
e a
creation of productive employment opportunities and a reduction in the e=
xtent
of poverty. |
|
References |
Statistics <=
span
style=3D'font-size:10.0pt;font-family:Arial'>Quantec Research |
|
Contact |
Karen Small Head: Strategic Information Analysis and Research Strategic Development Information and GIS =
|
|
Complied by |
Strategic Information, Strategic Development
Information and GIS Department |
|
Updated |
2008/09/29 |