Blacktown City – Jobs Powerhouse
Published on 07 January 2019
Blacktown City has been revealed as a jobs and economic powerhouse.
The latest economic data* shows that the number of jobs in Blacktown City grew by a healthy 9,355 in the 12-months to June 30, 2018.
Mayor Stephen Bali MP said the figures show that Blacktown City is one of the leaders in New South Wales in jobs growth and economic development.
“Job numbers in Blacktown City increased by 7.24% over the 12-months compared to the NSW jobs growth rate of 4.27% and NSW is considered to be the best jobs creator in the Commonwealth,” Mayor Bali said.
There were 138,498 jobs located in the Blacktown City regional area at the end of June, 2018, representing 3.45% of the total NSW workforce.
“The figures show that during the 12-months to June 30, 2018, employment in Blacktown City grew by an average 25 jobs a day.
“Blacktown City’s economy is also growing at a healthy pace.
“Blacktown City's Gross Regional Product grew by 4.2% in the 12-months to June 30, 2018 to $17.114-billion. At the same time NSW’s recorded economic growth of just 1.9%,” Mayor Bali said.
Gross Regional Product is a measure of a region’s wealth. It is the amount generated by the businesses, organisations and individuals located and working in the area.
Blacktown City’s population is now estimated at 367,000. That figure is predicted to reach 520,000 residents by 2036.
“Council has embarked on a number of vital projects within our vision to transform Blacktown City into a modern metropolitan city of talent and a magnet for further economic and social investment and growth,” Mayor Bali said.
“Work begins next year on the redevelopment of the Warrick Lane Precinct in the CBD, a modern mixed-use development anchored on a new public plaza to be built above an underground car park catering for 450 vehicles.
“Three tertiary education institutions have expressed interest in partnering Council in establishing a university campus within the precinct.
“Council is developing The International Centre of Training Excellence at the Blacktown International Sportspark. This will be a world-leading multi-sport facility providing high performance training, education, sports medicine, research, accelerated recovery and rehabilitation that will be available to everyone.
“Recently, Council signed an MOU with Sydney Motorsport Park to accelerate the development of an Innovation Hub housing research, development and training facilities to support and grow high-tech automotive engineering and design.
“Blacktown City Council will continue to deliver services and infrastructure that will support, nurture and grow the talent and ingenuity of our local community,” Mayor Bali MP said.
*Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), the population experts