King Island Council area
Employment by industry (FTE)
In King Island Council area, Agriculture, Forestry and Fishing is the largest employer, generating 201 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 King Island Council area.
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 Murchison Area'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
|Full-time equivalent employment by industry sector|
|King Island Council area||2017/18||2012/13||Change|
|Industry (Click rows to view sub-categories)||Number||%||Greater Hobart%||Number||%||Greater Hobart%||2012/13 to 2017/18|
|Agriculture, Forestry and Fishing||201||26.7||1.8||217||30.2||1.5||-16||23000||P|
|Electricity, Gas, Water and Waste Services||20||2.7||2.4||20||2.8||2.6||0||23300||P|
|Accommodation and Food Services||30||4.0||6.3||28||3.9||6.6||+2||23700||P|
|Transport, Postal and Warehousing||41||5.5||4.3||37||5.2||4.3||+4||23800||P|
|Information Media and Telecommunications||2||0.3||2.1||3||0.4||2.6||-1||23900||P|
|Financial and Insurance Services||6||0.8||3.1||5||0.7||2.8||+1||24000||P|
|Rental, Hiring and Real Estate Services||12||1.6||1.6||6||0.8||1.6||+6||24100||P|
|Professional, Scientific and Technical Services||8||1.0||6.6||7||1.0||7.0||0||24200||P|
|Administrative and Support Services||13||1.7||2.2||18||2.5||2.4||-5||24300||P|
|Public Administration and Safety||29||3.9||10.2||40||5.6||11.0||-11||24400||P|
|Education and Training||58||7.7||8.7||46||6.4||9.1||+12||24500||P|
|Health Care and Social Assistance||50||6.7||13.9||27||3.8||13.5||+23||24600||P|
|Arts and Recreation Services||21||2.7||2.7||2||0.3||2.5||+19||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), the population experts.
NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more
An analysis of the jobs held by the full-time equivalent local workers in King Island Council area in 2017/18 shows the three largest industries were:
- Agriculture, Forestry and Fishing (201 full-time equivalent local workers or 26.7%)
- Manufacturing (102 full-time equivalent local workers or 13.6%)
- Retail Trade (60 full-time equivalent local workers or 7.9%)
In combination these three industries accounted for 363 people in total or 48.2% of local workers.
In comparison, Greater Hobart employed 1.8% in Agriculture, Forestry and Fishing; 6.0% in Manufacturing; and 9.3% in Retail Trade.
The major differences between the jobs held by the full-time equivalent local workers of King Island Council area and Greater Hobart were:
- A larger percentage of full-time equivalent local workers employed in Agriculture, Forestry and Fishing (26.7% compared to 1.8%)
- A larger percentage of full-time equivalent local workers employed in Manufacturing (13.6% compared to 6.0%)
- A smaller percentage of full-time equivalent local workers employed in Health Care and Social Assistance (6.7% compared to 13.9%)
- A smaller percentage of full-time equivalent local workers employed in Public Administration and Safety (3.9% compared to 10.2%)
The number of local workers in the full-time equivalent work in King Island Council area increased by 34 between 2012/13 and 2017/18.
There were no major changes in the jobs held by the full-time equivalent local workers between 2012/13 and 2017/18 in King Island Council area.