Banana Shire

Unemployment

In the 2024 June quarter, the unemployment rate in Banana Shire was 2.9%.

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: The Department of Employment advise that highly disaggregated labour force and unemployment estimates at the LGA level can display significant variability and should be viewed with caution. The figures are smoothed using a four-quarter (annual) average to minimise the variability inherent in small area estimates.

This page presents unemployment estimates for benchmark regions which are headline figures widely published by government and media sites but are not directly comparable to the LGA estimates as they are not annual averages. For more information, see the data notes.

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Unemployment
Banana ShireRegional QLDQueenslandAustralia
QuarterUnemployed peopleLabour forceUnemployment rate %Unemployment rate %Unemployment rate %Unemployment rate %
2024
June2589,0332.93.84.13.9
March2538,8822.83.94.03.8
2023
December2618,8972.93.94.03.7
September2529,0022.83.63.83.6
June2109,0052.33.43.63.6
March1948,9282.23.43.73.6
2022
December1858,7372.13.53.83.7
September2278,5092.73.94.14.0
June2428,4422.94.34.54.3
March2728,4203.24.64.84.6
2021
December2618,5703.05.05.45.1
September2598,6843.05.46.05.6
June3048,7203.56.36.76.2
March2968,7663.46.87.16.6
2020
December2918,7283.36.87.06.4
September2968,7943.46.76.76.1
June2978,8103.46.36.35.6
March2778,7523.26.06.05.2
2019
December2938,6323.46.16.05.2
September2708,5113.26.06.05.1
June2338,3802.85.85.95.1
March2588,3433.15.96.05.2
2018
December2768,2633.36.06.05.3
September2818,1633.46.16.05.4
June2758,0613.46.06.05.5
March2827,9723.55.95.95.5
2017
December2937,9463.76.06.05.6
September2998,0283.76.16.05.7
June3228,2303.96.36.15.7
March3188,3513.86.76.25.7
2016
December3058,5383.66.76.15.7
September3008,5103.56.66.15.7
June3368,4724.06.76.25.9
March3408,4454.06.76.15.9
2015
December3698,3954.46.96.36.1
September3878,5004.67.16.56.2
June3248,6013.87.06.56.1
March2898,6653.36.86.56.1
2014
December2588,6853.06.66.46.1
September2438,6932.86.26.26.0
June2708,6283.16.16.05.9
March3158,5683.76.15.95.8
2013
December3458,4304.16.05.85.7
September3648,3334.46.25.95.6
June3448,2664.26.25.95.4
March2998,2363.66.05.85.3
2012
December2798,2953.46.05.85.2
September2648,3713.25.95.65.2
June2638,4073.16.05.55.2
March2758,4853.26.15.55.1
2011
December2778,5673.26.15.55.1
September2798,5613.36.05.55.1
June2798,5053.35.85.45.0
March2788,2943.45.85.55.1
2010
December2758,0853.45.95.55.2

Source: Australian Bureau of Statistics, Labour force survey catalogue number 6202.0, and Department of Employment, Small Area Labour Markets. Compiled and presented in economy.id by .id (informed decisions).

Please refer to specific data notes for more information

Banana Shire

economic profile