City of MonashEconomic profile
Skip to content

City of Monash

Employment by industry (FTE)

In the City of Monash, Construction is the largest employer, generating 14,554 FTE jobs in 2017/18.

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.
Full-time equivalent employment by industry sector
City of Monash2017/182001/02Change
Industry
(Click rows to view sub-categories)
Number%Victoria%Number%Victoria%2001/02 to 2017/18
Agriculture, Forestry and Fishing2850.23.52240.24.3+61
Mining860.10.5150.00.3+70
Manufacturing14,01512.29.718,89220.615.4-4,877
Electricity, Gas, Water and Waste Services9050.81.38580.91.0+47
Construction14,55412.610.77,2907.97.4+7,265
Wholesale Trade7,7366.73.68,3589.15.2-622
Retail Trade10,6579.29.39,15310.010.3+1,505
Accommodation and Food Services3,8743.45.73,0903.45.3+784
Transport, Postal and Warehousing5,3104.65.64,0134.45.1+1,297
Information Media and Telecommunications2,3662.12.22,8863.12.8-520
Financial and Insurance Services2,8892.53.92,1452.33.9+744
Rental, Hiring and Real Estate Services1,9591.71.71,2991.41.4+660
Professional, Scientific and Technical Services11,1139.69.66,9637.67.6+4,149
Administrative and Support Services4,0733.52.93,2543.53.2+819
Public Administration and Safety3,2612.85.02,1632.44.6+1,097
Education and Training13,27211.57.98,8549.77.2+4,418
Health Care and Social Assistance13,99612.111.28,2669.09.2+5,730
Arts and Recreation Services8570.71.66070.71.4+250
Other Services4,0223.54.13,4163.74.4+606

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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) 2017/18
Employment (FTE) 2017/18 Agriculture, Forestry and Fishing, Victoria: 3.5% Mining, Victoria: 0.5% Manufacturing, Victoria: 9.7% Electricity, Gas, Water and Waste Services, Victoria: 1.3% Construction, Victoria: 10.7% Wholesale Trade, Victoria: 3.6% Retail Trade, Victoria: 9.3% Accommodation and Food Services, Victoria: 5.7% Transport, Postal and Warehousing, Victoria: 5.6% Information Media and Telecommunications, Victoria: 2.2% Financial and Insurance Services, Victoria: 3.9% Rental, Hiring and Real Estate Services, Victoria: 1.7% Professional, Scientific and Technical Services, Victoria: 9.6% Administrative and Support Services, Victoria: 2.9% Public Administration and Safety, Victoria: 5.0% Education and Training, Victoria: 7.9% Health Care and Social Assistance, Victoria: 11.2% Arts and Recreation Services, Victoria: 1.6% Other Services, Victoria: 4.1% Agriculture, Forestry and Fishing, City of Monash: 0.2% Mining, City of Monash: 0.1% Manufacturing, City of Monash: 12.2% Electricity, Gas, Water and Waste Services, City of Monash: 0.8% Construction, City of Monash: 12.6% Wholesale Trade, City of Monash: 6.7% Retail Trade, City of Monash: 9.2% Accommodation and Food Services, City of Monash: 3.4% Transport, Postal and Warehousing, City of Monash: 4.6% Information Media and Telecommunications, City of Monash: 2.1% Financial and Insurance Services, City of Monash: 2.5% Rental, Hiring and Real Estate Services, City of Monash: 1.7% Professional, Scientific and Technical Services, City of Monash: 9.6% Administrative and Support Services, City of Monash: 3.5% Public Administration and Safety, City of Monash: 2.8% Education and Training, City of Monash: 11.5% Health Care and Social Assistance, City of Monash: 12.1% Arts and Recreation Services, City of Monash: 0.7% Other Services, City of Monash: 3.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in employment (FTE), 2001/02 to 2017/18
Change in employment (FTE), 2001/02 to 2017/18 Agriculture, Forestry and Fishing, City of Monash: +61 Mining, City of Monash: +70 Manufacturing, City of Monash: -4,877 Electricity, Gas, Water and Waste Services, City of Monash: +47 Construction, City of Monash: +7,265 Wholesale Trade, City of Monash: -622 Retail Trade, City of Monash: +1,505 Accommodation and Food Services, City of Monash: +784 Transport, Postal and Warehousing, City of Monash: +1,297 Information Media and Telecommunications, City of Monash: -520 Financial and Insurance Services, City of Monash: +744 Rental, Hiring and Real Estate Services, City of Monash: +660 Professional, Scientific and Technical Services, City of Monash: +4,149 Administrative and Support Services, City of Monash: +819 Public Administration and Safety, City of Monash: +1,097 Education and Training, City of Monash: +4,418 Health Care and Social Assistance, City of Monash: +5,730 Arts and Recreation Services, City of Monash: +250 Other Services, City of Monash: +606
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
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 2017/18 shows the three largest industries were:

  • Construction (14,554 full-time equivalent local workers or 12.6%)
  • Manufacturing (14,015 full-time equivalent local workers or 12.2%)
  • Health Care and Social Assistance (13,996 full-time equivalent local workers or 12.1%)

In combination these three industries accounted for 42,564 people in total or 36.9% of local workers.

In comparison, Victoria employed 10.7% in Construction; 9.7% in Manufacturing; and 11.2% in Health Care and Social Assistance.

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 (11.5% compared to 7.9%)
  • A larger percentage of full-time equivalent local workers employed in Wholesale Trade (6.7% compared to 3.6%)
  • A larger percentage of full-time equivalent local workers employed in Manufacturing (12.2% compared to 9.7%)
  • A smaller percentage of full-time equivalent local workers employed in Agriculture, Forestry and Fishing (0.2% compared to 3.5%)

Emerging groups

The number of local workers in the full-time equivalent work in the City of Monash increased by 23,483 between 2001/02 and 2017/18.

The largest changes in the jobs held by the full-time equivalent local workers between 2001/02 and 2017/18 in the City of Monash were for those employed in:

  • Construction (+7,265 full-time equivalent local workers)
  • Health Care and Social Assistance (+5,730 full-time equivalent local workers)
  • Manufacturing (-4,877 full-time equivalent local workers)
  • Education and Training (+4,418 full-time equivalent local workers)

v18.09.24-1.0.0