City of MonashEconomic profile

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City of Monash

Employment by industry (FTE)

In the City of Monash, Manufacturing is the largest employer, generating 13,357 FTE jobs in 2014/15.

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 the City of Monash.

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 City of Monash'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.
Full-time equivalent employment by industry sector
City of Monash2014/152009/10Change
Industry
(Click rows to view sub-categories)
Number%Greater Melbourne%Number%Greater Melbourne%2009/10 to 2014/15
Agriculture, Forestry and Fishing1210.10.61070.10.6+15
Mining950.10.2660.10.2+30
Manufacturing13,35713.210.816,45716.612.7-3,100
Electricity, Gas, Water and Waste Services8930.91.31,1571.21.1-264
Construction10,35010.29.49,5299.69.3+821
Wholesale Trade10,56610.45.810,34610.45.8+220
Retail Trade8,5198.49.29,0819.29.1-561
Accommodation and Food Services3,1353.15.12,9413.04.8+195
Transport, Postal and Warehousing4,2754.25.64,3654.45.6-90
Information Media and Telecommunications2,2872.32.52,2152.22.6+72
Financial and Insurance Services3,1783.15.52,6872.75.4+491
Rental, Hiring and Real Estate Services1,6261.61.71,4431.51.7+184
Professional, Scientific and Technical Services9,2679.210.47,9318.010.0+1,336
Administrative and Support Services3,5443.53.43,1323.23.3+412
Public Administration and Safety3,3733.35.62,8422.95.4+531
Education and Training11,75011.67.810,88011.07.7+870
Health Care and Social Assistance10,72710.69.710,08810.29.3+639
Arts and Recreation Services7870.81.77060.71.6+82
Other Services3,3203.33.83,1673.23.8+153

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

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Employment (FTE) 2014/15
Employment (FTE) 2014/15 Agriculture, Forestry and Fishing, Greater Melbourne: 0.6% Mining, Greater Melbourne: 0.2% Manufacturing, Greater Melbourne: 10.8% Electricity, Gas, Water and Waste Services, Greater Melbourne: 1.3% Construction, Greater Melbourne: 9.4% Wholesale Trade, Greater Melbourne: 5.8% Retail Trade, Greater Melbourne: 9.2% Accommodation and Food Services, Greater Melbourne: 5.1% Transport, Postal and Warehousing, Greater Melbourne: 5.6% Information Media and Telecommunications, Greater Melbourne: 2.5% Financial and Insurance Services, Greater Melbourne: 5.5% Rental, Hiring and Real Estate Services, Greater Melbourne: 1.7% Professional, Scientific and Technical Services, Greater Melbourne: 10.4% Administrative and Support Services, Greater Melbourne: 3.4% Public Administration and Safety, Greater Melbourne: 5.6% Education and Training, Greater Melbourne: 7.8% Health Care and Social Assistance, Greater Melbourne: 9.7% Arts and Recreation Services, Greater Melbourne: 1.7% Other Services, Greater Melbourne: 3.8% Agriculture, Forestry and Fishing, City of Monash: 0.1% Mining, City of Monash: 0.1% Manufacturing, City of Monash: 13.2% Electricity, Gas, Water and Waste Services, City of Monash: 0.9% Construction, City of Monash: 10.2% Wholesale Trade, City of Monash: 10.4% Retail Trade, City of Monash: 8.4% Accommodation and Food Services, City of Monash: 3.1% Transport, Postal and Warehousing, City of Monash: 4.2% Information Media and Telecommunications, City of Monash: 2.3% Financial and Insurance Services, City of Monash: 3.1% Rental, Hiring and Real Estate Services, City of Monash: 1.6% Professional, Scientific and Technical Services, City of Monash: 9.2% Administrative and Support Services, City of Monash: 3.5% Public Administration and Safety, City of Monash: 3.3% Education and Training, City of Monash: 11.6% Health Care and Social Assistance, City of Monash: 10.6% Arts and Recreation Services, City of Monash: 0.8% Other Services, City of Monash: 3.3%
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), 2009/10 to 2014/15
Change in employment (FTE), 2009/10 to 2014/15 Agriculture, Forestry and Fishing, City of Monash: +15 Mining, City of Monash: +30 Manufacturing, City of Monash: -3,100 Electricity, Gas, Water and Waste Services, City of Monash: -264 Construction, City of Monash: +821 Wholesale Trade, City of Monash: +220 Retail Trade, City of Monash: -561 Accommodation and Food Services, City of Monash: +195 Transport, Postal and Warehousing, City of Monash: -90 Information Media and Telecommunications, City of Monash: +72 Financial and Insurance Services, City of Monash: +491 Rental, Hiring and Real Estate Services, City of Monash: +184 Professional, Scientific and Technical Services, City of Monash: +1,336 Administrative and Support Services, City of Monash: +412 Public Administration and Safety, City of Monash: +531 Education and Training, City of Monash: +870 Health Care and Social Assistance, City of Monash: +639 Arts and Recreation Services, City of Monash: +82 Other Services, City of Monash: +153
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 City of Monash in 2014/15 shows the three largest industries were:

  • Manufacturing (13,357 full-time equivalent local workers or 13.2%)
  • Education and Training (11,750 full-time equivalent local workers or 11.6%)
  • Health Care and Social Assistance (10,727 full-time equivalent local workers or 10.6%)

In combination these three industries accounted for 35,833 people in total or 35.4% of local workers.

In comparison, Greater Melbourne employed 10.8% in Manufacturing; 7.8% in Education and Training; and 9.7% in Health Care and Social Assistance.

The major differences between the jobs held by the full-time equivalent local workers of the City of Monash and Greater Melbourne were:

  • A larger percentage of full-time equivalent local workers employed in Wholesale Trade (10.4% compared to 5.8%)
  • A larger percentage of full-time equivalent local workers employed in Education and Training (11.6% compared to 7.8%)
  • A larger percentage of full-time equivalent local workers employed in Manufacturing (13.2% compared to 10.8%)
  • A smaller percentage of full-time equivalent local workers employed in Financial and Insurance Services (3.1% compared to 5.5%)

Emerging groups

The number of local workers in the full-time equivalent work in the City of Monash increased by 2,034 between 2009/10 and 2014/15.

The largest changes in the jobs held by the full-time equivalent local workers between 2009/10 and 2014/15 in the City of Monash were for those employed in:

  • Manufacturing (-3,100 full-time equivalent local workers)
  • Professional, Scientific and Technical Services (+1,336 full-time equivalent local workers)
  • Education and Training (+870 full-time equivalent local workers)
  • Construction (+821 full-time equivalent local workers)

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