Home / Employment Vulnerability Index 3.0 / Profile for Floreat, WA
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The suburb of Floreat is a Medium low risk job loss community based on the CofFEE EVI modelling. |
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Floreat is located in the Perth area, in WA. Its CofFEE EVI score of suggests that it's residents are not very vulnerable to employment loss if the national economy contracts It has an older population relative to the WA average. In terms of post secondary qualifications, Floreat has education levels which are above the WA average. This reduces the likelihood that the suburb will experience job losses in a national contraction. Individuals in Floreat earn more than the median individual income for WA, while median family income in Floreat is greater than the median family income for WA. Mortgage holders in Floreat are making monthly payments which are above the median WA mortgage repayment. Floreat's workforce is more likely to be part-time employed relative to the WA average, and its labour market performance summarised by its overall unemployment rate relative to WA is good. Floreat's workforce is more likely to be underemployed relative to the WA average, and its labour market performance summarised by its overall unemployment rate relative to WA is good The following table has more indicators which allow you to appraise Floreat relative to WA and the nation as a whole. |
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| Indicator - August 2016 | Floreat | WA | Australia |
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| Median Age | 40 | 36 | 38 |
| % without post secondary school qualifications | 27.20% | 39.02% | 39.50% |
| Median individual income ($ per week) | $1042 | $724 | $662 |
| Median family income ($ per week) | $3585 | $1910.00 | $1734.00 |
| Median household income ($ per week) | $3072 | $1595.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $3000 | $1993 | $1755 |
| Median rent ($ per week) | $600 | $347 | $335 |
| Average household size | 3.00 | 2.60 | 2.60 |
| Part-time employment as a % total | 39.96% | 32.53% | 32.68% |
| Male unemployment rate | 4.92% | 8.02% | 7.00% |
| Female unemployment rate | 5.07% | 7.54% | 6.72% |
| Unemployment rate | 5.18% | 7.80% | 6.86% |
| Male labour force participation rate | 76.19% | 73.51% | 69.56% |
| Female labour force participation rate | 64.81% | 62.27% | 59.80% |
| Total labour force participation rate | 70.30% | 67.83% | 64.56% |
| Employment-Population ratio | 64.48% | 62.86% | 60.26% |
| % Employed in Mining | 5.90% | 6.27% | 1.66% |
| % Employed in Manufacturing | 3.74% | 5.57% | 6.40% |
| % Employed in Construction | 6.21% | 9.80% | 8.53% |
| % Employed in Retail Trade | 7.49% | 9.54% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 4.97% | 6.45% | 6.91% |
| % Employed in Finance and Insurance | 3.98% | 2.35% | 3.60% |
| % Employed in Property and Business Services | 2.44% | 1.74% | 1.70% |
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
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Contact
Telephone: +61-(0)2 4921 7283
E-mail: coffee@newcastle.edu.au
