Tuesday, 5th March, 2013
By Kurtis J Eichler
The Far West has gone through an employment boom in the last seven years, with new findings showing an increase of 478 full-time positions between 2006 and 2013.
Regional Development Australia's Far West Growth Update released yesterday shows significant investment in the region has led to a surge in employment.
The report projects employment to be 478 positions higher by 2013's end than seven years ago.
The Coles project will create 200 jobs during construction this year, while the 2012- launched Rasp Mine and Perilya's Potosi Mine are also expected to be big employers.
AGL's two big-ticket projects - the solar plant and the Silverton Wind Farm - are expected to provide the region's economy and jobs industry with a much needed jolt.
Major investment in the region will all but wipe out the detrimental effect Perilya's mass redundancies had in 2008, the report says.
RDA Executive Officer Michael Williams described the report as "four pages of financially positive outlook".
"It definitely shows a population decline but at the same time it shows a decline in unemployment," Mr Williams said.
The region's population dropped by 0.04 per cent from 2011, and unemployment dropped by 0.02 per cent to 8.7 per cent.
"I think it looks really positive. In fact I was really impressed.
"It definitely shows we're in a better position than the doom and gloom that's been forecast."
Despite the positives, the region's tourism market suffered a downturn in the last 12 months.