Bankwest employment hotspots report

financial indicator series

07 September 2009

Today Bankwest released the latest research in its Financial Indicator Series, the inaugural "Employment Hotspots" Report.

The research has identified 20 regions across Australia that are shrugging off the economic downturn and could lead Australia out of the Global Financial Crisis.

These 20 growth zones are the first areas to emerge from the downturn and have each recorded at least a five per cent increase in employment since the crisis began in November 2007.

The hotspots identified by the Bankwest Employment Growth Corridors report as having the strongest employment growth since November 2007 are East Metropolitan Perth (13%) in WA, lower Northern Sydney (13%) in NSW and South Eastern NSW (11%).

While the Report further underlines optimism that Australia is starting to emerge from the economic downturn, it also identified 20 regions where employment has fallen since the start of the downturn.

Download a copy of the full report and a breakdown on each state below:

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