Upper Mountains low risk for Employment Vulnerability

Tuesday, March 17th, 2009

The SMH reports a study evaluating NSW areas for sensitivity to increasing unemployment.
Wentworth Falls and Leura were rated a low risk, while Katoomba and Blackheath were ranked medium low risk.
Full results are HERE, with local results for Katoomba, Leura, Wentworth Falls and Blackheath.

While Katoomba and Blackheath had unemployment rates slightly higher than the state and national average, the study suggests any increases will be proportionally smaller than high risk areas such a south west Sydney.

Interestingly, it showed residents of the upper mountains are significantly more likely to have post-school qualifications than NSW in general, which contributes to increased overall job security.