Bankstown City CouncilEconomic profile

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Bankstown City

Employment by industry (FTE)

In Bankstown City, [Econ_Employment(FTE)].[Top1Label] is the largest employer, generating [Econ_Employment(FTE)].[Top1Number].{0:#,#} FTE jobs in 2015/16.

Full-time equivalent (FTE) employment is modelled by NIEIR and takes into account differences in hours worked between industry sectors. It is a measure that allows direct comparison of employment between industries in Bankstown City.

Typically, industries such as Retail Trade and Accommodation and Food Services, which employ many part-time workers, have lower FTE employment than total employment.

FTE employment is calculated directly by dividing the total hours worked in each industry by 38. By comparing the number of full-time equivalent jobs in each industry sector to a regional benchmark, you can clearly see the structure of Bankstown City's economy. This can be done by directly comparing the area to its benchmark, or by using a location quotient to look at the relative size of industries.

FTE employment should be viewed in conjunction with Employment by industry (Total) and Employment by industry (Census), for a full understanding of the industry breakdown in the area. Worker productivity data shows the value of a worker in each industry to the local economy. Employment locations shows where employment is taking place in each industry sector.

NOTE: FTE employment is derived from Census data but has been corrected for the known undercount of employment in the Census. Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Employment (FTE) 2015/16
Employment (FTE) 2015/16
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in employment (FTE), 2010/11 to 2015/16
Change in employment (FTE), 2010/11 to 2015/16
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in Bankstown City in 2015/16 shows the three largest industries were:

[Econ_Employment(FTE)].[TopList1]

In combination these three industries accounted for [Econ_Employment(FTE)].[Top3Sum].{0:#,0} people in total or [Econ_Employment(FTE)].[Top3SumPer].{0:0.0}% of local workers.

In comparison, New South Wales employed [Econ_Employment(FTE)].[BMSumTop1Num].{0:0.0}% in [Econ_Employment(FTE)].[BMTop1Label]; [Econ_Employment(FTE)].[BMSumTop2Num].{0:0.0}% in [Econ_Employment(FTE)].[BMTop2Label]; and [Econ_Employment(FTE)].[BMSumTop3Num].{0:0.0}% in [Econ_Employment(FTE)].[BMTop3Label].

[Econ_Employment(FTE)].[SpatialList1]

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