City of MonashEconomic profile

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City of Monash

Jobs to workers ratio

The jobs to residents ratio for the City of Monash in 2014/15 was 1.34, meaning that there were more jobs than resident workers. Wholesale Trade had the highest ratio (2.27), while the lowest ratio was found in Mining (0.52).

A goal of economic development is often to maximise the employment opportunities locally, leading to a more socially and environmentally sustainable community.

Employment capacity is a simple way of looking at whether the City of Monash could theoretically provide jobs for all its residents if they were to choose to work locally.

Employment capacity is simply the number of local jobs in an industry, divided by the number of local residents employed (anywhere) in that industry. A figure over 1.0 means there are more jobs available than residents employed in that industry. Under 1.0 means there are more residents employed than jobs available in that sector.

This is a theoretical exercise as, even if there are enough jobs provided locally, there will always be some people who choose to commute out of the area.

Employment capacity data should be viewed in conjunction with Self-containment and Residents place of work data, which provides detail about the actual proportion of residents working locally, and Gross Regional Product and Worker productivity data which shows the economic contribution of residents and workers.

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 capacity by industry
City of Monash2014/152009/10
Industry
(Click rows to view sub-categories)
Local jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing1011270.801402230.63
Mining851630.52811920.42
Manufacturing15,2788,3511.8317,2039,1011.89
Electricity, Gas, Water and Waste Services9478321.141,1018031.37
Construction11,4485,6342.0310,3464,7492.18
Wholesale Trade10,5944,6732.2710,7434,9382.18
Retail Trade11,1319,5221.1712,04310,1721.18
Accommodation and Food Services4,2896,0700.714,2895,8370.73
Transport, Postal and Warehousing4,4713,3151.354,6613,2991.41
Information Media and Telecommunications2,8143,0520.922,4182,1561.12
Financial and Insurance Services3,5555,3020.673,0074,8300.62
Rental, Hiring and Real Estate Services1,7459351.871,5141,0491.44
Professional, Scientific and Technical Services9,8758,7421.138,7569,6320.91
Administrative and Support Services4,7393,4021.393,9672,9141.36
Public Administration and Safety4,1024,0071.023,3603,5320.95
Education and Training15,1649,3931.6113,8498,6251.61
Health Care and Social Assistance15,00211,9911.2513,2919,5531.39
Arts and Recreation Services1,0061,1320.898579910.87
Other Services3,8123,3101.153,4522,8741.20

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Employment capacity by industry 2014/15
Employment capacity by industry 2014/15 Other Services, Employed residents: 3,310 Arts and Recreation Services, Employed residents: 1,132 Health Care and Social Assistance, Employed residents: 11,991 Education and Training, Employed residents: 9,393 Public Administration and Safety, Employed residents: 4,007 Administrative and Support Services, Employed residents: 3,402 Professional, Scientific and Technical Services, Employed residents: 8,742 Rental, Hiring and Real Estate Services, Employed residents: 935 Financial and Insurance Services, Employed residents: 5,302 Information Media and Telecommunications, Employed residents: 3,052 Transport, Postal and Warehousing, Employed residents: 3,315 Accommodation and Food Services, Employed residents: 6,070 Retail Trade, Employed residents: 9,522 Wholesale Trade, Employed residents: 4,673 Construction, Employed residents: 5,634 Electricity, Gas, Water and Waste Services, Employed residents: 832 Manufacturing, Employed residents: 8,351 Mining, Employed residents: 163 Agriculture, Forestry and Fishing, Employed residents: 127 Other Services, Local jobs: 3,812 Arts and Recreation Services, Local jobs: 1,006 Health Care and Social Assistance, Local jobs: 15,002 Education and Training, Local jobs: 15,164 Public Administration and Safety, Local jobs: 4,102 Administrative and Support Services, Local jobs: 4,739 Professional, Scientific and Technical Services, Local jobs: 9,875 Rental, Hiring and Real Estate Services, Local jobs: 1,745 Financial and Insurance Services, Local jobs: 3,555 Information Media and Telecommunications, Local jobs: 2,814 Transport, Postal and Warehousing, Local jobs: 4,471 Accommodation and Food Services, Local jobs: 4,289 Retail Trade, Local jobs: 11,131 Wholesale Trade, Local jobs: 10,594 Construction, Local jobs: 11,448 Electricity, Gas, Water and Waste Services, Local jobs: 947 Manufacturing, Local jobs: 15,278 Mining, Local jobs: 85 Agriculture, Forestry and Fishing, Local jobs: 101
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Employment capacity by industry 2014/15 and 2009/10
Employment capacity by industry 2014/15 and  2009/10 Other Services, 2009/10: 1.20 Arts and Recreation Services, 2009/10: 0.87 Health Care and Social Assistance, 2009/10: 1.39 Education and Training, 2009/10: 1.61 Public Administration and Safety, 2009/10: 0.95 Administrative and Support Services, 2009/10: 1.36 Professional, Scientific and Technical Services, 2009/10: 0.91 Rental, Hiring and Real Estate Services, 2009/10: 1.44 Financial and Insurance Services, 2009/10: 0.62 Information Media and Telecommunications, 2009/10: 1.12 Transport, Postal and Warehousing, 2009/10: 1.41 Accommodation and Food Services, 2009/10: 0.73 Retail Trade, 2009/10: 1.18 Wholesale Trade, 2009/10: 2.18 Construction, 2009/10: 2.18 Electricity, Gas, Water and Waste Services, 2009/10: 1.37 Manufacturing, 2009/10: 1.89 Mining, 2009/10: 0.42 Agriculture, Forestry and Fishing, 2009/10: 0.63 Other Services, 2014/15: 1.15 Arts and Recreation Services, 2014/15: 0.89 Health Care and Social Assistance, 2014/15: 1.25 Education and Training, 2014/15: 1.61 Public Administration and Safety, 2014/15: 1.02 Administrative and Support Services, 2014/15: 1.39 Professional, Scientific and Technical Services, 2014/15: 1.13 Rental, Hiring and Real Estate Services, 2014/15: 1.87 Financial and Insurance Services, 2014/15: 0.67 Information Media and Telecommunications, 2014/15: 0.92 Transport, Postal and Warehousing, 2014/15: 1.35 Accommodation and Food Services, 2014/15: 0.71 Retail Trade, 2014/15: 1.17 Wholesale Trade, 2014/15: 2.27 Construction, 2014/15: 2.03 Electricity, Gas, Water and Waste Services, 2014/15: 1.14 Manufacturing, 2014/15: 1.83 Mining, 2014/15: 0.52 Agriculture, Forestry and Fishing, 2014/15: 0.80
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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