High employment rates and a stronger economy are factors that increase Australia's attractiveness for immigrants.
07 September 2009
Perth is Australia employment hot spot
New financial figures show parts of Perth and Sydney as Australia's employment hot spots.
Perth's east and northern Sydney are among 20 zones across Australia to record a minimum five per cent increase in employment since November 2007, according to financial institution BankWest.
Perth east metropolitan and lower northern Sydney showed a 13 per cent growth in employment in that time period.
BankWest's report, which used data supplied by the Australian Bureau of Statistics (ABS), also shows you're more likely to have found work in the public sector than the real estate business in the past 18 months.
BankWest Retail CEO Ian Corfield said the positive employment figures suggests the economy was improving.
"Our report shows that employment in the inner suburbs has held up, highlighting that Australia's labour market has performed better than expected during the global financial crisis," Mr Corfield said.
"It is no surprise that government-related employment has been cushioned in the downturn with areas such as healthcare and public administration performing well. Manufacturing, real estate and more recently mining have borne the brunt of job losses in the past 18 months."
These new employment figures come in the wake of Australia posting 0.6 per cent economic growth for the three months to June, leaving the country in an encouraging economic situation in the global slowdown.