Colac and district’s unemployment rate has dropped to a record low and continues to outperform the state and national averages, new statistics show.
Unemployment hits historic low
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“Unemployment hits historic low” – how good is that headline! And how good is this:
“The percentage of residents working in the private sector is the equal highest in the state with the southwest city of Busselton AND SECOND HIGHEST IN THE NATION BEHIND COLAC IN VICTORIA WHERE 91 PER CENT OF RESIDENTS WORK IN THE PRIVATE SECTOR.” The emphasis in capitals is mine and the quotation is from an article on page 17 of The Weekend Australian of Jan. 20-21, 2018. The quotation is attributed to the demographer Bernard Salt who was referring to the fast growing Yanchep in W. A. Colac was good to me in the 37 years I spent there in the private sector (the sector that generates the taxes that the public sector spends). Well done people of Colac!