Local workers - Qualifications - Financial and Insurance Services
In the Cook Shire, the Financial and Insurance Services workforce has a similar proportion with tertiary qualifications compared to the Electricity, Gas, Water and Waste 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.
Australian Bureau of Statistics (ABS) – Census 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. However this dataset is NOT available at the Local Government Area level, and had to be matched using a best fit of work destination zones (DZNs) to the current LGA boundaries. Cook Shire is one area for which there is no good match of 2011 DZNs to 2016 LGA boundaries, so there is no reasonable data comparison between 2011 and 2016 for this area. 2011 data has been turned off and is currently unavailable for comparison for the Cook Shire.
|Local workers qualifications|
|Cook Shire - Financial and Insurance Services||2016|
|Qualification level||Number||%||Electricity, Gas, Water and Waste Services %|
|Bachelor or Higher degree||--||--||--||25001|
|Advanced Diploma or Diploma||--||--||--||25002|
|Certificate I and II Level||--||--||--||25005|
|Certificate III & IV Level||5||55.6||62.5||25006|
|Certificate Level, nfd||--||--||--||25007|
|Inadequately described or not stated||--||--||--||25009|
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2016. Compiled and presented by .id (opens a new window), the population experts.
Analysis of the qualifications of the Financial and Insurance Services in the Cook Shire in 2016 compared to the Electricity, Gas, Water and Waste Services workforce within Cook Shire shows that there was a similar proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), and a higher proportion with no formal qualifications.
Overall, 0.0% of the Financial and Insurance Services held educational qualifications, and 44.4% had no qualifications, compared with 0.0% and 37.5% respectively for the Electricity, Gas, Water and Waste Services workforce within Cook Shire.
The major differences between the qualifications held by the Financial and Insurance Services workforce in the Cook Shire and the Electricity, Gas, Water and Waste Services workforce were:
- A larger percentage of local workers with No qualifications (44.4% compared to 37.5%)
- A smaller percentage of local workers with Certificate III & IV Levels (55.6% compared to 62.5%)