City of Monash

Employment by industry (FTE)

In the City of Monash, Health Care and Social Assistance is the largest employer, generating 16,398 FTE jobs in 2020/21.

Full-time equivalent (FTE) employment is modelled by NIEIR and takes into account differences in hours worked between industry sectors. It is a measure that allows direct comparison of employment between industries in the City of Monash.

Typically, industries such as Retail Trade and Accommodation and Food Services, which employ many part-time workers, have lower FTE employment than total employment.

FTE employment is calculated directly by dividing the total hours worked in each industry by 38. By comparing the number of full-time equivalent jobs in each industry sector to a regional benchmark, you can clearly see the structure of the City of Monash's economy. This can be done by directly comparing the area to its benchmark, or by using a location quotient to look at the relative size of industries.

FTE employment should be viewed in conjunction with Employment by industry (Total) and Employment by industry (Census), for a full understanding of the industry breakdown in the area. Worker productivity data shows the value of a worker in each industry to the local economy. Employment locations shows where employment is taking place in each industry sector.

Data source

National Economics (NIEIR) - Modelled series

Please note: FTE employment is derived from Census data but has been corrected for the known undercount of employment in the Census. Detailed notes about how the figures are derived can be found in thespecific topic notes section.
Current benchmark:
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Full-time equivalent employment by industry sector
City of Monash2020/212015/16Change
IndustryNumber%. VictoriaNumber%. Victoria2015/16 - 2020/21
Agriculture, Forestry and Fishing2270.22.72110.23.6+16
Mining1390.10.4820.10.4+56
Manufacturing11,88910.18.814,11713.310.0-2,228
Electricity, Gas, Water and Waste Services1,0370.91.49700.91.4+67
Construction11,97610.110.311,95411.39.7+22
Wholesale Trade5,6384.83.77,7627.33.9-2,124
Retail Trade12,57110.78.69,8629.39.3+2,709
Accommodation and Food Services2,9772.54.33,4763.35.4-499
Transport, Postal and Warehousing5,7414.95.65,1614.95.8+580
Information Media and Telecommunications2,2301.92.02,2472.12.3-17
Financial and Insurance Services3,9733.44.62,6852.54.2+1,288
Rental, Hiring and Real Estate Services1,8771.61.61,6791.61.7+198
Professional, Scientific and Technical Services13,98311.810.79,7019.19.3+4,281
Administrative and Support Services3,8523.32.83,9363.73.3-84
Public Administration and Safety4,0073.46.02,9262.85.1+1,080
Education and Training15,80413.48.912,45511.78.0+3,349
Health Care and Social Assistance16,39813.912.512,82312.111.1+3,575
Arts and Recreation Services7490.61.88860.81.8-136
Other Services2,9432.53.33,2473.13.6-305
Total industries118,010100.0100.0106,181100.0100.0+11,829

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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

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

  • Health Care and Social Assistance (16,398 people or 13.9%)
  • Education and Training (15,804 people or 13.4%)
  • Professional, Scientific and Technical Services (13,983 people or 11.8%)

In combination these three fields accounted for 46,185 people in total or 39.1% of the local workers.

In comparison, Victoria employed 12.5% in Health Care and Social Assistance; 8.9% in Education and Training and 10.7% in Professional, Scientific and Technical Services.

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

  • A larger percentage of full-time equivalent local workers employed in Education and Training (13.4% compared to 8.9%)
  • A smaller percentage of full-time equivalent local workers employed in Public Administration and Safety (3.4% compared to 6.0%)
  • A smaller percentage of full-time equivalent local workers employed in Agriculture, Forestry and Fishing (0.2% compared to 2.7%)
  • A larger percentage of full-time equivalent local workers employed in Retail Trade (10.7% compared to 8.6%)

Emerging groups

The number of full-time equivalent local workers in the City of Monash increased by increased by 11,829 between 2015/16 and 2020/21.

The largest changes in the jobs held by the full-time equivalent local workers between 2015/16 and 2020/21 in the City of Monash were for those employed in:

  • Professional, Scientific and Technical Services (+4,281 full-time equivalent local workers)
  • Health Care and Social Assistance (+3,575 full-time equivalent local workers)
  • Education and Training (+3,349 full-time equivalent local workers)
  • Retail Trade (+2,709 full-time equivalent local workers)

City of Monash

economic profile