Monthly Economic Indicators - May 2011 - City of Greater Geelong

Monthly Unemployment Rate - Australian Bureau of Statistics
The unemployment rate for the Barwon Western District in April 2011 was 4.1%, a decrease of 2.3 percentage
points on the previous month, and an increase of 0.6pts compared to April 2010.
The April unemployment rate for the Barwon Western District was 0.7 percentage points lower than the
Victorian unemployment rate (4.8%) and 0.8pts lower than the Australian unemployment rate (4.9%).
A twelve month average of the unemployment rate to April 2011 for the Barwon Western District was 5.9%,
0.7pts higher than Victoria (5.2%) and 0.8pts higher than Australia (5.1%).
Barwon Western District Victoria Australia**
Unemployment
Rate
Change*
Percentage
Points
Unemployment
Rate
Change*
Percentage
Points
Unemployment
Rate
Change*
Percentage
Points
Latest Month
(April 2011) 4.1%
4.8%
4.9%
-2.3pts
+0.1pts
Previous Month
(March 2011) 6.4% 4.7% 5.0%
-0.1pts
Same Month
Last Year
(April 2010)
12 Month
Average
(to April 2011)
4.7% +0.6pts 5.6% +0.8pts 5.4% +0.5pts
5.9% 5.2% 5.1%
5 Year Trend
Line Analysis
(Apr 06 – Apr 11)
-0.6pts
-0.9pts
Source: Australian Bureau of Statistics
* Change in percentage points is based on differences between the latest month and earlier figures as specified.
** Data for Australia is sometimes revised from previously published data.
Monthly Unemployment Rate April 2006 – April 2011
Percentage (%)
10.0
9.0
Barw on Western District
Victoria
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
2006 2007
2008 2009
2010
Source: Australian Bureau of Statistics
KEY ECONOMIC INDICATORS MAY 2011 – ECONOMIC DEVELOPMENT – CITY OF GREATER GEELONG