The Age Structure of an industry's local workers is a key component to understanding the role and function of that industry in the City of Monash. It is an indicator of the age of the industry and how long it has been established in the area, as well as the possible challenges in expanding that industry in the future.
For example an area with young local workers may be more mobile and likely to change jobs/industries in the future while an industry with an older local workers may face succession planning issues and challenges in attracting new staff.
For a complete local workers analysis for the City of Monash, Age Structure should be viewed in conjunction with Income and Hours worked.
Data source
Australian Bureau of Statistics (ABS) – Census 2016 & 2021 – by place of work
Current industry:
Current benchmark:
Sex:
Local workers age structure | |||||||||
---|---|---|---|---|---|---|---|---|---|
City of Monash - All industries | 2021 | 2016 | Change | ||||||
Ten year age groups (years) | Number | % | Victoria% | Number | % | Victoria% | 2016 - 2021 | ||
15 to 24 years | 14,196 | 12.2 | 13.8 | 12,102 | 11.4 | 13.9 | +2,094 | ||
25 to 34 years | 27,386 | 23.5 | 23.9 | 25,519 | 24.1 | 23.8 | +1,867 | ||
35 to 44 years | 27,613 | 23.7 | 22.8 | 24,896 | 23.5 | 22.1 | +2,717 | ||
45 to 54 years | 24,840 | 21.3 | 20.1 | 23,748 | 22.4 | 21.3 | +1,092 | ||
55 to 64 years | 17,469 | 15.0 | 14.7 | 15,481 | 14.6 | 14.6 | +1,988 | ||
65 years and over | 5,192 | 4.4 | 4.8 | 4,041 | 3.8 | 4.2 | +1,151 | ||
Total Persons | 116,696 | 100.0 | 100.0 | 105,787 | 100.0 | 100.0 | +10,909 | ||
Source: Australian Bureau of Statistics, Census of Population and Housing 2016 and 2021. Compiled and presented by .id (informed decisions) Please refer to specific data notes for more information |
Dominant groups
Analysis of the age structure of the workforce in the City of Monash in 2021compared to Victoria shows that there was a lower proportion of people in the younger age groups (15 to 44 years) and a higher proportion of people in the older age groups (45 years and over).
Overall, 59.3% of the workforce was aged under 45 years, compared to 60.4% for Victoria. 40.7% were aged 45 years and over, compared to 39.6% for Victoria.
The major differences between the age structure of the workforce in the City of Monash and Victoria were:
- A smaller percentage of local workers aged 15 to 24 years (12.2% compared to 13.8%)
- A smaller percentage of local workers aged 25 to 34 years (23.5% compared to 23.9%)
- A larger percentage of local workers aged 35 to 44 years (23.7% compared to 22.8%)
- A larger percentage of local workers aged 45 to 54 years (21.3% compared to 20.1%)
Emerging groups
The largest changes in the age structure of the workforce in the City of Monash between 2016 and 2021 were:
- 35 to 44 years (+2,717 local workers)
- 15 to 24 years (+2,094 local workers)
- 55 to 64 years (+1,988 local workers)
- 25 to 34 years (+1,867 local workers)