Hobsons Bay City

Worker productivity

In Hobsons Bay City, Financial and Insurance Services had the highest productivity by industry, generating $332,728 per worker in 2020/21.

Worker productivity by industry is calculated by dividing the industry value add by the number of persons employed in that industry. It shows which industries generate the most value add per employee. Some industry sectors, such as retail trade, are not highly productive per worker, but they employ a lot of people. Other industries, such as mining, employ fewer people but generate high levels of productivity. Each plays an important role in the economy.

Worker productivity data should be viewed in conjunction with Employment by industry (Total)and Employment by industry (FTE), to see the relative size of employment in each industry, and with Local workers income to see how many local workers are actually each in each industry, and with Sources of income data to see whether employment is the main way income is derived.

Detailed notes about how the figures are derived can be found in the specific topic notes section. National Economics (NIEIR) - Modelled series

Data source

National Economics (NIEIR) - Modelled series

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Productivity per worker (annual) by industry
Hobsons Bay City - Constant prices2020/212015/16Change
Industry$Victoria$$Victoria$ 2015/16 - 2020/21
Agriculture, Forestry and Fishing131,187136,847146,803129,183-15,616
Mining236,715464,684197,147481,775+39,568
Manufacturing163,341107,395156,668119,751+6,673
Electricity, Gas, Water and Waste Services201,153314,408281,269331,479-80,116
Construction81,717115,334107,980121,090-26,263
Wholesale Trade194,466196,283188,754193,883+5,712
Retail Trade68,25768,26565,09864,301+3,159
Accommodation and Food Services40,64440,62339,74541,063+899
Transport, Postal and Warehousing123,949116,456151,589139,162-27,640
Information Media and Telecommunications222,297204,928158,623167,683+63,674
Financial and Insurance Services332,728320,063345,476322,287-12,748
Rental, Hiring and Real Estate Services163,603247,676163,857240,528-254
Professional, Scientific and Technical Services115,009120,328115,016119,711-7
Administrative and Support Services161,382155,143138,799135,106+22,583
Public Administration and Safety150,621128,246153,302124,027-2,681
Education and Training72,00086,32766,91283,867+5,088
Health Care and Social Assistance78,17984,25377,10878,547+1,072
Arts and Recreation Services66,65768,13469,66875,167-3,011
Other Services60,99661,11764,52066,723-3,524
Total worker productivity118,230117,661121,642117,132-3,412

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information
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Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in Hobsons Bay City in 2020/21 shows the three highest industries were:

  • Financial and Insurance Services ($332,728)
  • Mining ($236,715)
  • Information Media and Telecommunications ($222,297)

In comparison, the same 3 industries in Victoria were for $320,063 in Financial and Insurance Services; $464,684 in Mining and $204,928 in Information Media and Telecommunications.

The major differences between the jobs held by the full-time equivalent local workers of Hobsons Bay City and Victoria were:

  • A higher worker productivity in Manufacturing ($163,341 compared to $107,395)
  • A lower worker productivity in Rental, Hiring and Real Estate Services ($163,603 compared to $247,676)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($201,153 compared to $314,408)
  • A lower worker productivity in Mining ($236,715 compared to $464,684)

Emerging groups

The total worker productivity by industry in Hobsons Bay City decreased by -3,412 between 2015/16 and 2020/21.

The largest changes in worker productivity by industries between 2015/16 and 2020/21 in Hobsons Bay City were for those employed in:

  • Electricity, Gas, Water and Waste Services (-$80,116)
  • Information Media and Telecommunications (+$63,674)
  • Mining (+$39,568)
  • Transport, Postal and Warehousing (-$27,640)

Hobsons Bay City

economic profile