Far North Queensland Regional Organisation of Councils

economic profile

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FNQROC

Jobs to workers ratio

The jobs to residents ratio for the FNQROC in 2022/23 was 0.96, meaning that there were less jobs than resident workers. Financial and Insurance Services had the highest ratio (1.16), while the lowest ratio was found in Mining (0.46).

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 FNQROC 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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Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
Employment capacity by industry
FNQROC2022/232017/18
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing8,2367,9251.048,6738,6471.00
Mining1,4933,2660.461,5942,4090.66
Manufacturing6,6376,8240.976,6716,8030.98
Electricity, Gas, Water and Waste Services1,5541,4651.061,4361,5100.95
Construction11,11511,3050.9810,98911,3380.97
Wholesale Trade2,4132,3851.012,5612,6390.97
Retail Trade12,75613,1790.9713,31013,4520.99
Accommodation and Food Services12,42612,4900.9912,25112,4500.98
Transport, Postal and Warehousing8,8089,2060.967,0247,3220.96
Information Media and Telecommunications8508810.969571,0050.95
Financial and Insurance Services1,5731,3591.161,6261,6770.97
Rental, Hiring and Real Estate Services1,9381,8581.042,1872,2230.98
Professional, Scientific and Technical Services6,5936,9160.955,0415,1930.97
Administrative and Support Services5,9536,5810.904,7464,9050.97
Public Administration and Safety10,20010,6200.969,6829,9940.97
Education and Training13,19812,8971.0211,46311,6190.99
Health Care and Social Assistance23,31524,9110.9418,24218,1811.00
Arts and Recreation Services2,1392,1760.982,6462,6910.98
Other Services6,3736,7680.945,7595,8340.99
Total industries137,571143,0120.96126,858129,8930.98

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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Far North Queensland Regional Organisation of Councils

economic profile