Sustainable Economic Growth

Regional Reputation and Economic Development: What Matters For Youth?

PROJECT LEAD: DR NOEL TRACEY

SDG8: Decent work and economic growth

Economic development remains a critical concern for local governments globally. While there is much effort in understanding what stakeholder groups such as industry, government and universities believe will benefit a region, one stakeholder group regularly neglected in such policy development is the youth (18-25 years old). Despite representing a significant proportion of the population and the certainty that they will live in the future created today, they are rarely consulted. Traditionally, economic developers prioritise the needs of traditionally more vocal stakeholder groups such as business owners, retirees, and disadvantaged groups and tend to overlook the perspectives of youth. This study aimed to ascertain youth perceptions of what makes a regional community an attractive place to live and work, based on its regional reputation and employment opportunities, as these aspects are critical for future regional economic development. This study used a focus group as a pilot study, followed by an online survey research design.

The online survey collected responses from 487 youth respondents under 25 years of age. The majority of the respondents were young women (74%), with 31.2% working full-time and 27.8% working part-time. The majority of respondents (40%) had completed high school and 35.5% completed their university studies. Responses were collected from all Australian states. The majority of respondents were from NSW (32.7%), followed by Queensland (23.3%) and Victoria (21.6%).

Results

The statistical analysis and findings show that:

  •  When a region is perceived to be less innovative comparatively, employment opportunities are seen as significantly higher in metropolitan versus regional/rural areas.

  • When innovation is perceived as high in regional areas there is a non-significant difference between metro and regional/rural areas relating to perceptions of employment.

  • Perceptions of employment is a key mechanism for why youth would recommend or encourage others to live and or/work in their region. That is: without increasing employment perceptions, youth will not promote their region.

  • Ultimately, for regions to be competitive, retain talent and encourage more youth to live and work, regional areas must foster a reputation for innovation and ensure this is communicated to the community

Three youth research team members were part of this project.