Cairns Regional CouncilEconomic profile
Skip to content

Cairns

Local workers - Qualifications - Financial and Insurance Services

In Cairns, the Financial and Insurance Services workforce has a lower proportion with tertiary qualifications compared to the Professional, Scientific and Technical Services workforce.

Qualification levels help to evaluate the economic opportunities and socio-economic status of local workers in a particular industry.

The level of qualifications in a workforce relate to a number of factors including:

  • The age of the workforce;
  • The skill and qualification level required to enter an industry;
  • The professional or working ambitions of people (to seek education as youth or retraining as adults);
  • The opportunities afforded to people to continue studying beyond compulsory schooling.

Educational Qualification statistics should be looked at in conjunction with Field of qualification and Occupation data for a full education analysis for Cairns.

Australian Bureau of Statistics (ABS) – Census 2011 (experimental imputed) & 2016 – by place of work

Please note – The 2016 Census used a new methodology to “impute” a work location to people who didn’t state their workplace address. As a result, 2016 and 2011 place of work data are not normally comparable. To allow comparison between 2011 and 2016, .id has sourced a 2011 dataset from the ABS which was experimentally imputed using the same methodology. To provide this detail, Cairns in 2011 had to be constructed from a best fit of Work Destination Zones (DZNs). While it may not be an exact match to the LGA or region boundary, it is considered close enough to allow some comparison. Users should treat this time series data with caution, however, and not compare directly with 2011 data from any other source.

Local workers qualifications
Cairns - Financial and Insurance Services20162011Change
Qualification levelNumber%Professional, Scientific and Technical Services %Number%Professional, Scientific and Technical Services %2011 to 2016
Bachelor or Higher degree22520.947.720717.544.2+18
Advanced Diploma or Diploma23021.413.621818.412.7+12
Certificate I and II Level111.01.1181.51.1-7
Certificate III & IV Level16215.012.716113.612.1+1
Certificate Level, nfd292.71.7141.22.2+15
No qualification39536.720.252444.224.2-129
Inadequately described or not stated252.33.0433.63.4-18

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Local workers qualification, 2016
Local workers qualification, 2016 Bachelor or Higher degree, Professional, Scientific and Technical Services: 47.7% Advanced Diploma or Diploma, Professional, Scientific and Technical Services: 13.6% Certificate I and II Level, Professional, Scientific and Technical Services: 1.1% Certificate III & IV Level, Professional, Scientific and Technical Services: 12.7% Certificate Level, nfd, Professional, Scientific and Technical Services: 1.7% No qualification, Professional, Scientific and Technical Services: 20.2% Bachelor or Higher degree, Financial and Insurance Services: 20.9% Advanced Diploma or Diploma, Financial and Insurance Services: 21.4% Certificate I and II Level, Financial and Insurance Services: 1.0% Certificate III & IV Level, Financial and Insurance Services: 15.0% Certificate Level, nfd, Financial and Insurance Services: 2.7% No qualification, Financial and Insurance Services: 36.7%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.
Change in local workers qualification, 2011 to 2016
Change in local workers qualification, 2011 to 2016 Bachelor or Higher degree, Cairns - Financial and Insurance Services: +18 Advanced Diploma or Diploma, Cairns - Financial and Insurance Services: +12 Certificate I and II Level, Cairns - Financial and Insurance Services: -7 Certificate III & IV Level, Cairns - Financial and Insurance Services: +1 Certificate Level, nfd, Cairns - Financial and Insurance Services: +15 No qualification, Cairns - Financial and Insurance Services: -129
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the qualifications of the Financial and Insurance Services in Cairns in 2016 compared to the Professional, Scientific and Technical Services workforce within Cairns shows that there was a lower proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), and a higher proportion with no formal qualifications.

Overall, 46.0% of the Financial and Insurance Services held educational qualifications, and 36.7% had no qualifications, compared with 64.0% and 20.2% respectively for the Professional, Scientific and Technical Services workforce within Cairns.

The major differences between the qualifications held by the Financial and Insurance Services workforce in Cairns and the Professional, Scientific and Technical Services workforce were:

  • A larger percentage of local workers with No qualifications (36.7% compared to 20.2%)
  • A larger percentage of local workers with Advanced Diploma or Diplomas (21.4% compared to 13.6%)
  • A larger percentage of local workers with Certificate III & IV Levels (15.0% compared to 12.7%)
  • A smaller percentage of local workers with Bachelor or Higher degrees (20.9% compared to 47.7%)

Emerging groups

The largest changes in the qualifications held by the Financial and Insurance Services workforce in Cairns between 2011 and 2016 were:

  • No qualifications (-129 local workers)
  • Bachelor or Higher degrees (+18 local workers)
  • Certificate Level, nfds (+15 local workers)
  • Advanced Diploma or Diplomas (+12 local workers)

To continue building your economic story go to...

v18.09.24-1.0.0