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City of MonashEconomic profile
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City of Monash

Employment by industry (FTE)

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In the City of Monash, Manufacturing is the largest employer, generating 14,462 FTE jobs in 2016/17.

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 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.

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 the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
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Full-time equivalent employment by industry sector
City of Monash2016/172001/02Change
Industry
(Click rows to view sub-categories)		Number%Victoria%Number%Victoria%2001/02 to 2016/17
Agriculture, Forestry and Fishing3370.33.72130.24.2+124
Mining580.10.4160.00.3+43
Manufacturing14,46213.19.918,97820.815.5-4,516
Electricity, Gas, Water and Waste Services9610.91.38901.01.0+71
Construction11,91710.89.86,9847.77.1+4,933
Wholesale Trade7,7637.03.88,4049.25.3-641
Retail Trade10,3999.49.49,0349.910.3+1,365
Accommodation and Food Services3,8103.45.73,0883.45.4+722
Transport, Postal and Warehousing5,3554.85.83,9624.45.1+1,392
Information Media and Telecommunications2,0961.92.12,8753.22.8-779
Financial and Insurance Services2,8352.64.12,1362.33.9+699
Rental, Hiring and Real Estate Services1,8851.71.71,3071.41.4+578
Professional, Scientific and Technical Services10,7209.79.56,8847.67.6+3,837
Administrative and Support Services4,1343.73.23,2703.63.3+864
Public Administration and Safety3,0472.85.02,1652.44.6+882
Education and Training12,65411.47.88,8309.77.3+3,824
Health Care and Social Assistance13,70612.411.28,0398.89.2+5,667
Arts and Recreation Services8890.81.76110.71.4+278
Other Services3,6533.33.93,3753.74.3+278

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more

Employment (FTE) 2016/17
Employment (FTE) 2016/17 Agriculture, Forestry and Fishing, Victoria: 3.7% Mining, Victoria: 0.4% Manufacturing, Victoria: 9.9% Electricity, Gas, Water and Waste Services, Victoria: 1.3% Construction, Victoria: 9.8% Wholesale Trade, Victoria: 3.8% Retail Trade, Victoria: 9.4% Accommodation and Food Services, Victoria: 5.7% Transport, Postal and Warehousing, Victoria: 5.8% Information Media and Telecommunications, Victoria: 2.1% Financial and Insurance Services, Victoria: 4.1% Rental, Hiring and Real Estate Services, Victoria: 1.7% Professional, Scientific and Technical Services, Victoria: 9.5% Administrative and Support Services, Victoria: 3.2% Public Administration and Safety, Victoria: 5.0% Education and Training, Victoria: 7.8% Health Care and Social Assistance, Victoria: 11.2% Arts and Recreation Services, Victoria: 1.7% Other Services, Victoria: 3.9% Agriculture, Forestry and Fishing, City of Monash: 0.3% Mining, City of Monash: 0.1% Manufacturing, City of Monash: 13.1% Electricity, Gas, Water and Waste Services, City of Monash: 0.9% Construction, City of Monash: 10.8% Wholesale Trade, City of Monash: 7.0% Retail Trade, City of Monash: 9.4% Accommodation and Food Services, City of Monash: 3.4% Transport, Postal and Warehousing, City of Monash: 4.8% Information Media and Telecommunications, City of Monash: 1.9% Financial and Insurance Services, City of Monash: 2.6% Rental, Hiring and Real Estate Services, City of Monash: 1.7% Professional, Scientific and Technical Services, City of Monash: 9.7% Administrative and Support Services, City of Monash: 3.7% Public Administration and Safety, City of Monash: 2.8% Education and Training, City of Monash: 11.4% Health Care and Social Assistance, City of Monash: 12.4% Arts and Recreation Services, City of Monash: 0.8% Other Services, City of Monash: 3.3%
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Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in employment (FTE), 2001/02 to 2016/17
Change in employment (FTE), 2001/02 to 2016/17 Agriculture, Forestry and Fishing, City of Monash: +124 Mining, City of Monash: +43 Manufacturing, City of Monash: -4,516 Electricity, Gas, Water and Waste Services, City of Monash: +71 Construction, City of Monash: +4,933 Wholesale Trade, City of Monash: -641 Retail Trade, City of Monash: +1,365 Accommodation and Food Services, City of Monash: +722 Transport, Postal and Warehousing, City of Monash: +1,392 Information Media and Telecommunications, City of Monash: -779 Financial and Insurance Services, City of Monash: +699 Rental, Hiring and Real Estate Services, City of Monash: +578 Professional, Scientific and Technical Services, City of Monash: +3,837 Administrative and Support Services, City of Monash: +864 Public Administration and Safety, City of Monash: +882 Education and Training, City of Monash: +3,824 Health Care and Social Assistance, City of Monash: +5,667 Arts and Recreation Services, City of Monash: +278 Other Services, City of Monash: +278
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Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in City of Monash in 2016/17 shows the three largest industries were:

  • Manufacturing (14,462 full-time equivalent local workers or 13.1%)
  • Health Care and Social Assistance (13,706 full-time equivalent local workers or 12.4%)
  • Education and Training (12,654 full-time equivalent local workers or 11.4%)

In combination these three industries accounted for 40,822 people in total or 36.9% of local workers.

In comparison, Victoria employed 9.9% in Manufacturing; 11.2% in Health Care and Social Assistance; and 7.8% in Education and Training.

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 (11.4% compared to 7.8%)
  • A larger percentage of full-time equivalent local workers employed in Wholesale Trade (7.0% compared to 3.8%)
  • A larger percentage of full-time equivalent local workers employed in Manufacturing (13.1% compared to 9.9%)
  • A smaller percentage of full-time equivalent local workers employed in Agriculture, Forestry and Fishing (0.3% compared to 3.7%)

Emerging groups

The number of local workers in the full-time equivalent work in the City of Monash increased by 19,621 between 2001/02 and 2016/17.

The largest changes in the jobs held by the full-time equivalent local workers between 2001/02 and 2016/17 in the City of Monash were for those employed in:

  • Health Care and Social Assistance (+5,667 full-time equivalent local workers)
  • Construction (+4,933 full-time equivalent local workers)
  • Manufacturing (-4,516 full-time equivalent local workers)
  • Professional, Scientific and Technical Services (+3,837 full-time equivalent local workers)

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