City of Knox

Jobs to workers ratio

The jobs to residents ratio for the City of Knox in 2020/21 was 0.89, meaning that there were less jobs than resident workers. Mining had the highest ratio (1.85), while the lowest ratio was found in Financial and Insurance Services (0.43).

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 City of Knox 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

Comparison year:
reset
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
City of Knox2020/212015/16
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing3944630.851642800.59
Mining139751.851451690.86
Manufacturing15,09410,7131.4114,0139,9051.41
Electricity, Gas, Water and Waste Services5049930.515439640.56
Construction8,1659,1300.898,4199,1420.92
Wholesale Trade8,0154,9631.617,3064,6641.57
Retail Trade7,7009,6890.799,16810,4720.88
Accommodation and Food Services3,7833,7651.004,4554,6390.96
Transport, Postal and Warehousing2,5333,0440.832,4703,2970.75
Information Media and Telecommunications6171,1710.538121,8100.45
Financial and Insurance Services1,6223,7590.431,4993,2840.46
Rental, Hiring and Real Estate Services7639580.809311,2170.77
Professional, Scientific and Technical Services4,0627,5520.543,7746,3150.60
Administrative and Support Services2,1452,6660.802,4632,9650.83
Public Administration and Safety2,0573,9420.522,1123,7370.57
Education and Training3,9317,4520.534,4376,9290.64
Health Care and Social Assistance9,96410,6610.938,86110,4270.85
Arts and Recreation Services1,0761,4150.761,1681,3700.85
Other Services3,4723,4411.013,4973,7190.94
Total industries76,03685,8530.8976,23685,3040.89

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. 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

City of Knox

economic profile