Cradle Coast Region

economic profile

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King Island Council area

Jobs to workers ratio

The jobs to residents ratio for the King Island Council area in 2018/19 was 0.96, meaning that there were less jobs than resident workers. Accommodation and Food Services had the highest ratio (1.43), while the lowest ratio was found in Mining (0.01).

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 King Island Council area 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

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Employment capacity by industry
King Island Council area2018/192013/14
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing2252450.922152210.97
Mining000.01120.47
Manufacturing1191380.861371420.97
Electricity, Gas, Water and Waste Services20210.9226270.97
Construction54550.9738390.99
Wholesale Trade25290.8517260.64
Retail Trade72770.9366740.89
Accommodation and Food Services44311.4342351.23
Transport, Postal and Warehousing39440.8850530.95
Information Media and Telecommunications330.80330.97
Financial and Insurance Services560.80550.95
Rental, Hiring and Real Estate Services13160.819130.68
Professional, Scientific and Technical Services16121.4013111.22
Administrative and Support Services25241.0425231.09
Public Administration and Safety46570.8158610.95
Education and Training67601.1159521.12
Health Care and Social Assistance64561.1657511.11
Arts and Recreation Services12121.077110.58
Other Services26191.3727221.21
Total industries8759070.968568730.98

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id informed decisions. Data are based on a 2016-17 price base for all years. 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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Cradle Coast Region

economic profile