News

Jobless rate worst in Australia, dole queue longest

FRASER Coast families are falling further behind the rest of Australia, with the Wide Bay now having the highest jobless rate and the lowest average disposable income in the country.

The National Institute of Economic and Industry Research (NIEIR) 2014-15 State of the Regions Report shows unemployment across the Wide Bay Burnett was the worst in Australia at 16.3% overall - but our young are suffering the most with 28.3% of 20 to 24-year-olds neither studying nor working.

It's not just youths who are struggling to find work - the report related the Wide Bay's high unemployment rate to the wave of early retirees arriving in hope of finding work, but failing to get a job.

THE rate of long-term unemployed in the region sits at 2.7% compared to 1.6% nationally.

The NIEIR unemployment rate is calculated by adjusting the headline unemployment rate for excess take-up of disability pension.

The region has more than twice the nation's average number of disability support pensioners, 6.32% compared to 3.23%, as well as a higher than average number of single parents.

As a result, our average disposable income in our region was at $33,300 per year, compared to $40,000 nationally - and less than half that of ACT residents, which were the most cashed-up in the country with an average $68,000 disposable income.

LOOKING FOR A JOB? LATEST LOCAL JOBS ARE HERE

Our aging population and welfare dependence means we have the country's fourth-lowest wage income per resident behind coastal New South Wales areas, which the report attributed to "retirement migration".

The annual report highlighted the chasm between the regions which have benefited from the Australian mining boom, and those which have been left behind.

"Whatever lip service may be made to equality of opportunity across the nation, it is manifestly not attained regionally," the report said.

"The mining boom has raised the pace of development in regions with large deposits of iron ore, coal and gas and has consolidated the position of the regions with high education, high social status and inherited wealth.

"However, it has disadvantaged regions dependent on industries depressed due to the over-valued exchange rate and has bypassed the retirement regions, which despite their attractive seascapes have maintained their established status as zones of limited economic opportunity."

But it's not all bad news.

The Wide Bay Burnett was listed as one of the country's main regions to experience growth in hospitality which the report attributed to a push by local government and businesses to chase the tourism dollar.

It was also one of five regions in which the health sector reported the largest increase in employment. The health sector grew more than 6%, which the report put down to investment by the Commonwealth Government.

Topics:  bay, dole, hervey bay, jobless, maryborough, unemployment, wide bay




Brumbies could be targeted for removal from Fraser Island

A brumby on Fraser Island.

BRUMBIES could be targeted for removal.

Community group will be moved to a new location

Participants at the Hervey Bay men's shed roll the boat they're building back into the shed after turning it right side up. Photo: Alistair Brightman / Fraser Coast Chronicle

HERVEY Bay Men’s Shed is about to get a new home.

EXCLUSIVE: Images released of axe found in search for Dixon

An axe was found wrapped in a patterned cloth at a Urangan creek during a search for missing man Anthony Dixon in June last year.

Police are calling for information about the items that were found.

Latest deals and offers

Rob Kardashian 'neglected' by Blac Chyna

Friends say they are now 'back in love'

Isla Fisher: I don't like talking about my private life

Isla Fisher shut down TV hosts when they asked about her husband

Mariah Carey: I 'can't believe' Prince has gone

'Prince was one of the best people I've met'

Joe Jonas' 'tough' pals

Joe Jonas' pals are 'tough' with his potential partners

The Bachelor wash up: bacon, plank offs and that white rose

Richie Strahan, second from left, with bachelorettes Eliza, Faith, Noni and Janey in a scene from episode one of the fourth season of The Bachelor.

RICHIE Strahan meets some beautiful, and colourful, bachelorettes.

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles