Some encouraging data for Lake Macquarie in the latest job stats which show our region is recovering well from the economic pressures of the pandemic.
Overall we've seen a 6.5% rise in job growth and this is significantly higher than the State average of 1.0%.
The unemployment rate in the Lake Macquarie LGA is now 4.1% which is the same as the NSW average.
Our youth unemployment rate is 7.4% which compares favourably to the NSW average of 8.7%.
196,980 people employed locally (Lake Mac + Newcastle) and a participation rate of 65.4% which is also roughly in line with the current State average.
It's heartening news given the challenges of the past few years.