Bankstown City CouncilEconomic profile

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In the 2016 June quarter, the unemployment rate in Bankstown City was 8.01%.

The unemployment rate is derived from the ABS labour force survey and Centrelink data and compiled by the Department of Employment. It is published quarterly in the Small Area Labour Markets publication, for Local Government Areas. The unemployment rate shown here is the proportion of the resident labour force (those in work or looking for work, and aged over 15) who are looking for work. Unemployment does not include people who don’t have a job but are not seeking a job.

Unemployment is an important indicator of the economic success of an area. A low unemployment rate can indicate an affluent area with a high rate of access to jobs, or a place where those who can’t find jobs leave the area. A high rate can indicate a declining economy with closures of key industries, or a residential area with a significantly disadvantaged population.

Note: Due to a major change in the Labour Force Regions on which unemployment data are collected, Small Area Labour Markets datasets are now only directly comparable back to 2010. For this reason, data prior to 2010 is misleading and has been removed from this site.

Quarterly unemployment rate
Quarterly unemployment rate 2016 - June, Australia: 5.70% 2016 - Mar, Australia: 5.70% 2015 - Dec, Australia: 5.80% 2015 - Sept, Australia: 6.10% 2015 - June, Australia: 6.10% 2015 - Mar, Australia: 6.10% 2014 - Dec, Australia: 6.20% 2014 - Sept, Australia: 6.20% 2014 - June, Australia: 6.00% 2014 - Mar, Australia: 5.90% 2013 - Dec, Australia: 5.80% 2013 - Sept, Australia: 5.70% 2013 - June, Australia: 5.70% 2013 - Mar, Australia: 5.50% 2012 - Dec, Australia: 5.40% 2012 - Sept, Australia: 5.30% 2012 - June, Australia: 5.20% 2012 - Mar, Australia: 5.10% 2011 - Dec, Australia: 5.20% 2011 - Sept, Australia: 5.20% 2011 - June, Australia: 5.00% 2011 - Mar, Australia: 4.90% 2016 - June, New South Wales: 5.10% 2016 - Mar, New South Wales: 5.20% 2015 - Dec, New South Wales: 5.30% 2015 - Sept, New South Wales: 5.70% 2015 - June, New South Wales: 5.90% 2015 - Mar, New South Wales: 6.00% 2014 - Dec, New South Wales: 6.10% 2014 - Sept, New South Wales: 5.90% 2014 - June, New South Wales: 5.70% 2014 - Mar, New South Wales: 5.50% 2013 - Dec, New South Wales: 5.70% 2013 - Sept, New South Wales: 5.80% 2013 - June, New South Wales: 5.60% 2013 - Mar, New South Wales: 5.40% 2012 - Dec, New South Wales: 5.10% 2012 - Sept, New South Wales: 5.00% 2012 - June, New South Wales: 5.00% 2012 - Mar, New South Wales: 5.00% 2011 - Dec, New South Wales: 5.20% 2011 - Sept, New South Wales: 5.30% 2011 - June, New South Wales: 5.20% 2011 - Mar, New South Wales: 5.00% 2016 - June, Greater Sydney : 5.04% 2016 - Mar, Greater Sydney : 5.04% 2015 - Dec, Greater Sydney : 5.09% 2015 - Sept, Greater Sydney : 5.23% 2015 - June, Greater Sydney : 5.18% 2015 - Mar, Greater Sydney : 5.23% 2014 - Dec, Greater Sydney : 5.22% 2014 - Sept, Greater Sydney : 5.32% 2014 - June, Greater Sydney : 5.39% 2014 - Mar, Greater Sydney : 5.40% 2013 - Dec, Greater Sydney : 5.37% 2013 - Sept, Greater Sydney : 5.14% 2013 - June, Greater Sydney : 4.90% 2013 - Mar, Greater Sydney : 4.86% 2012 - Dec, Greater Sydney : 4.82% 2012 - Sept, Greater Sydney : 4.96% 2012 - June, Greater Sydney : 5.07% 2012 - Mar, Greater Sydney : 5.11% 2011 - Dec, Greater Sydney : 5.06% 2011 - Sept, Greater Sydney : 4.89% 2011 - June, Greater Sydney : 4.83% 2011 - Mar, Greater Sydney : 4.89% 2016 - June, Bankstown City: 8.01% 2016 - Mar, Bankstown City: 8.65% 2015 - Dec, Bankstown City: 9.12% 2015 - Sept, Bankstown City: 9.44% 2015 - June, Bankstown City: 8.76% 2015 - Mar, Bankstown City: 7.93% 2014 - Dec, Bankstown City: 7.66% 2014 - Sept, Bankstown City: 7.14% 2014 - June, Bankstown City: 7.19% 2014 - Mar, Bankstown City: 7.34% 2013 - Dec, Bankstown City: 7.27% 2013 - Sept, Bankstown City: 7.68% 2013 - June, Bankstown City: 8.11% 2013 - Mar, Bankstown City: 8.14% 2012 - Dec, Bankstown City: 8.10% 2012 - Sept, Bankstown City: 8.21% 2012 - June, Bankstown City: 8.48% 2012 - Mar, Bankstown City: 8.81% 2011 - Dec, Bankstown City: 8.93% 2011 - Sept, Bankstown City: 8.75% 2011 - June, Bankstown City: 8.56% 2011 - Mar, Bankstown City: 9.26%
Source: Australian Bureau of Statistics, Labour force survey, catalogue number 6202.0, and Department of Employment, Small Area Labour Markets, March 2016. Compiled and presented in economy.id by .id the population experts.
Quarterly unemployment
Quarterly unemployment 2016 - June, Bankstown City: 7,518 people 2016 - Mar, Bankstown City: 8,210 people 2015 - Dec, Bankstown City: 8,596 people 2015 - Sept, Bankstown City: 8,782 people 2015 - June, Bankstown City: 8,006 people 2015 - Mar, Bankstown City: 7,115 people 2014 - Dec, Bankstown City: 6,851 people 2014 - Sept, Bankstown City: 6,325 people 2014 - June, Bankstown City: 6,343 people 2014 - Mar, Bankstown City: 6,442 people 2013 - Dec, Bankstown City: 6,307 people 2013 - Sept, Bankstown City: 6,656 people 2013 - June, Bankstown City: 6,964 people 2013 - Mar, Bankstown City: 6,995 people 2012 - Dec, Bankstown City: 6,984 people 2012 - Sept, Bankstown City: 7,160 people 2012 - June, Bankstown City: 7,486 people 2012 - Mar, Bankstown City: 7,807 people 2011 - Dec, Bankstown City: 7,912 people 2011 - Sept, Bankstown City: 7,644 people 2011 - June, Bankstown City: 7,316 people 2011 - Mar, Bankstown City: 7,764 people
Source: Australian Bureau of Statistics, Labour force survey, catalogue number 6202.0, and Department of Employment, Small Area Labour Markets, March 2016. Compiled and presented in economy.id by .id the population experts.
Unemployment
Bankstown CityGreater Sydney New South WalesAustralia
QuarterUnemployed peopleLocal resident workersUnemploym- ent rate %Unemploym- ent rate %Unemploym- ent rate %Unemploym- ent rate %
2016
June7,51893,852+8.01+5.04+5.10+5.70
March8,21094,868+8.65+5.04+5.20+5.70
2015
December8,59694,246+9.12+5.09+5.30+5.80
September8,78293,038+9.44+5.23+5.70+6.10
June8,00691,399+8.76+5.18+5.90+6.10
March7,11589,737+7.93+5.23+6.00+6.10
2014
December6,85189,391+7.66+5.22+6.10+6.20
September6,32588,547+7.14+5.32+5.90+6.20
June6,34388,271+7.19+5.39+5.70+6.00
March6,44287,749+7.34+5.40+5.50+5.90
2013
December6,30786,781+7.27+5.37+5.70+5.80
September6,65686,611+7.68+5.14+5.80+5.70
June6,96485,837+8.11+4.90+5.60+5.70
March6,99585,893+8.14+4.86+5.40+5.50
2012
December6,98486,267+8.10+4.82+5.10+5.40
September7,16087,247+8.21+4.96+5.00+5.30
June7,48688,298+8.48+5.07+5.00+5.20
March7,80788,579+8.81+5.11+5.00+5.10
2011
December7,91288,619+8.93+5.06+5.20+5.20
September7,64487,375+8.75+4.89+5.30+5.20
June7,31685,420+8.56+4.83+5.20+5.00
March7,76483,825+9.26+4.89+5.00+4.90
2010
December8,36382,451+10.14+5.01+4.90+5.00

Source: Australian Bureau of Statistics, Labour force survey catalogue number 6202.0, and Department of Employment, Small Area Labour Markets, March 2016. Compiled and presented in economy.id by .id the population experts.

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