City of Coffs Harbour Economic Insight Report - December 2019
The unemployment rate in the City of Coffs Harbour* decreased in the December 2019 quarter to 5.0%. It is now only slightly higher than the Regional NSW average (4.7%).
The unemployment rate has decreased by 3.3 percentage points over the year.
The resident labour force increased by 298 (+0.8%) in the December 2019 quarter and but decreased substantially over the year.
It is important to note that the completion and commencement of large construction projects can cause swings in unemployment rates in small areas.
*Small area labour force estimates should be viewed with a high level of caution due to the variability involved in extrapolation of small sample sizes