Banana Shire

Jobs to workers ratio

The jobs to residents ratio for Banana Shire in 2022/23 was 1.19, meaning that there were more jobs than resident workers. Mining had the highest ratio (2.17), while the lowest ratio was found in Education and Training (0.84).

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 Banana Shire 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 Employment 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.

Data source

National Economics (NIEIR) - Modelled series

Comparison year:
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Employment capacity by industry
Banana Shire2022/232008/09
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing1,2441,2071.031,8491,7441.06
Mining2,3241,0732.172,0451,3311.54
Manufacturing5494931.117096601.07
Electricity, Gas, Water and Waste Services4594041.143683271.12
Construction7224521.608525331.60
Wholesale Trade1742000.872412351.02
Retail Trade5315670.946926921.00
Accommodation and Food Services4234121.034664281.09
Transport, Postal and Warehousing3393191.063293091.06
Information Media and Telecommunications8100.8737490.76
Financial and Insurance Services36331.091281201.06
Rental, Hiring and Real Estate Services46451.0494891.05
Professional, Scientific and Technical Services1912010.952211991.11
Administrative and Support Services2792251.242912461.18
Public Administration and Safety4074230.963603700.97
Education and Training5196160.845365321.01
Health Care and Social Assistance6547040.935335241.02
Arts and Recreation Services62620.9923250.92
Other Services3223310.972762681.03
Total industries9,2897,7771.1910,0468,6831.16

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. Compiled and presented in economy.id by .id (informed decisions). NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more.

Please refer to specific data notes for more information
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Banana Shire

economic profile