SB youth unemployment rate 3 times more than national rate
THE Wide Bay Burnett youth unemployment rate has dropped again, however it is still more than three times higher than the national unemployment rate.
The national unemployment rate of 5.1 per cent stands in stark contrast to youth unemployment, which was 17.8 per cent in the South Burnett.
This is according to the Australian Bureau of Statistics and data taken from their April 2019 Regional Labour Force data set. All calculations were based on pre-rounded figures, and the youth unemployment rate referred to persons between 15 and 24 years old.
The Wide Bay Burnett region of Queensland included Kingaroy, the remainder of the South Burnett, Hervey Bay, Bundaberg, and Maryborough.
The youth unemployment rate in Wide Bay Burnett Region was 19.8 per cent as of January 2019.
It has now dropped down to just 17.8 per cent.
This means the Wide Bay Burnett Region youth unemployment rate has dropped by 2 per cent between January and April 2019.
That's a 2 per cent youth unemployment improvement in less than four months.
Despite what seems to be a positive change for the South Burnett, our youth unemployment rate is bleak when compared with the state and national rates.
As of April 2019 Queensland's youth unemployment rate sat at 12.6 per cent, and nationally was 12.9 per cent.
The South Burnett overall unemployment rate has also just reached an all time low for the past six years.
The unemployment rate has dropped to 7.8 per cent.
Although this is a win for the South Burnett, our unemployment rate is still 2 per cent higher than the national unemployment rate.
The Wide-Bay Burnett region only had the fourth highest youth unemployment rate in Queensland, which did not compare to the states highest unemployment rate found in the Queensland Outback.
The Queensland Outback had the highest youth unemployment rate of all the state areas at 23.8 per cent.
The Queensland Outback youth unemployment rate has gone from 54.1 per cent (April 2018) down to 23.8 per cent (April 2019).
This was a decrease of 30.3 per cent in the Queensland Outback youth unemployment rate from the past year.
The Queensland Outback region included Cape York, Weipa, Mount Isa, and Longreach.