Hobsons Bay City

Worker productivity

In Hobsons Bay City, Financial and Insurance Services had the highest productivity by industry, generating $270,003 per worker in 2022/23.

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 prices2022/232008/09Change
Industry$Greater Melbourne$$Greater Melbourne$ 2008/09 - 2022/23
Agriculture, Forestry and Fishing169,818138,606153,173143,777+16,644
Mining200,881243,786141,425240,286+59,457
Manufacturing175,161127,950185,815121,172-10,655
Electricity, Gas, Water and Waste Services229,116248,233303,765363,170-74,650
Construction126,334110,637117,486119,198+8,848
Wholesale Trade205,449218,377142,629157,337+62,820
Retail Trade77,25976,17861,38461,321+15,875
Accommodation and Food Services44,89249,66945,91249,978-1,020
Transport, Postal and Warehousing154,768140,570184,730162,199-29,962
Information Media and Telecommunications212,764250,858108,544125,920+104,220
Financial and Insurance Services270,003299,049287,919264,769-17,916
Rental, Hiring and Real Estate Services220,572247,856209,760257,921+10,812
Professional, Scientific and Technical Services138,124135,632116,235126,743+21,889
Administrative and Support Services182,100216,394137,786154,177+44,314
Public Administration and Safety140,673135,449135,247124,903+5,426
Education and Training74,94792,66479,57097,023-4,623
Health Care and Social Assistance88,79891,22284,51485,244+4,283
Arts and Recreation Services64,27385,29465,27894,612-1,005
Other Services64,54465,66372,24074,828-7,696
Total worker productivity127,042128,406136,764120,319-9,722

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020-21 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 2022/23 shows the three highest industries were:

  • Financial and Insurance Services ($270,003)
  • Electricity, Gas, Water and Waste Services ($229,116)
  • Rental, Hiring and Real Estate Services ($220,572)

In comparison, the same 3 industries in Greater Melbourne were for $299,049 in Financial and Insurance Services; $248,233 in Electricity, Gas, Water and Waste Services and $247,856 in Rental, Hiring and Real Estate Services.

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

  • A lower worker productivity in Administrative and Support Services ($182,100 compared to $216,394)
  • A lower worker productivity in Information Media and Telecommunications ($212,764 compared to $250,858)
  • A lower worker productivity in Mining ($200,881 compared to $243,786)
  • A higher worker productivity in Manufacturing ($175,161 compared to $127,950)

Emerging groups

The total worker productivity by industry in Hobsons Bay City decreased by -9,722 between 2008/09 and 2022/23.

The largest changes in worker productivity by industries between 2008/09 and 2022/23 in Hobsons Bay City were for those employed in:

  • Information Media and Telecommunications (+$104,220)
  • Electricity, Gas, Water and Waste Services (-$74,650)
  • Wholesale Trade (+$62,820)
  • Mining (+$59,457)

Hobsons Bay City

economic profile