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CofFEE Employment Vulnerability Index - Profile for Rockdale - Banksia, NSW


The suburb of Rockdale - Banksia is a Amber Alert - Medium high risk job loss community based on the CofFEE EVI modelling.

Rockdale - Banksia is located in the Sydney area, in NSW. Its CofFEE EVI score of suggests that it's residents are quite vulnerable to employment loss if the national economy contracts

It has a younger population relative to the NSW average.

In terms of post secondary qualifications, Rockdale - Banksia has education levels which are above the NSW average. This reduces the likelihood that the suburb will experience job losses in a national contraction.

Individuals in Rockdale - Banksia earn less than the median individual income for NSW, while median family income in Rockdale - Banksia is less than the median family income for NSW.

Mortgage holders in Rockdale - Banksia are making monthly payments which are above the median NSW mortgage repayment.

Rockdale - Banksia's workforce is more likely to be part-time employed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is poor.

Rockdale - Banksia's workforce is more likely to be underemployed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is poor

The following table has more indicators which allow you to appraise Rockdale - Banksia relative to NSW and the nation as a whole.

Indicator - August 2016 Rockdale - Banksia NSW Australia
Median Age 33 38 38
% without post secondary school qualifications 36.01% 38.56% 39.50%
Median individual income ($ per week) $648 $664 $662
Median family income ($ per week) $1610 $1780.00 $1734.00
Median household income ($ per week) $1639 $1486.00 $1438.00
Median mortgage repayment ($ per month) $2167 $1986 $1755
Median rent ($ per week) $470 $380 $335
Average household size 2.80 2.60 2.60
Part-time employment as a % total 34.36% 31.69% 32.68%
Male unemployment rate 6.84% 6.28% 7.00%
Female unemployment rate 7.83% 6.22% 6.72%
Unemployment rate 7.23% 6.26% 6.86%
Male labour force participation rate 74.25% 68.39% 69.56%
Female labour force participation rate 62.49% 58.51% 59.80%
Total labour force participation rate 68.52% 63.33% 64.56%
Employment-Population ratio 58.74% 59.17% 60.26%
% Employed in Mining 0.13% 0.94% 1.66%
% Employed in Manufacturing 4.32% 5.84% 6.40%
% Employed in Construction 5.86% 8.36% 8.53%
% Employed in Retail Trade 10.47% 9.66% 9.86%
% Employed in Accommodation, Cafes and Restaurants 14.15% 7.08% 6.91%
% Employed in Finance and Insurance 5.77% 4.95% 3.60%
% Employed in Property and Business Services 1.12% 1.76% 1.70%