Business Investments Buoy Up Sagging Demand
MACROC is the affiliation of the Macarthur Region's three local government bodies, Wollondilly, Camden and Campbelltown City.
MACROC publishes every quarter the Macarthur Economic Profile to keep businesses and residents informed of current economic conditions and emerging trends in the Macarthur region.
The September 2006 issue of the Macarthur Economic Profile shows a deteriorating unemployment situation with the number of people unemployed rising by 8.2% in the June quarter, leading to an unemployment rate of 6.3% in Macarthur compared to the State and National jobless rates of 5.3% and 5.1% respectively.
Cr Phillip Costa, the MACROC President and Mayor of Wollondilly said that
"Investor confidence in the Macarthur region remains strong as evidenced anecdotally by a number of the significant projects that are planned or are underway, such as:
It is anticipated that these investments will impact positively on the employment trend in the future as well as on the overall economic strength of the region."
The profile is available for download below:
File: Macarthur Economic Profile - September 2006