Northern Tasmania Region

economic profile

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Northern Midlands Council area

Jobs to workers ratio

The jobs to residents ratio for the Northern Midlands Council area in 2018/19 was 0.85, meaning that there were less jobs than resident workers. Wholesale Trade had the highest ratio (1.85), while the lowest ratio was found in Financial and Insurance Services (0.16).

A goal of economic development is often to maximise the employment opportunities locally, leading to a more socially and environmentally sustainable community.

Employment capacity is a simple way of looking at whether the Northern Midlands Council area could theoretically provide jobs for all its residents if they were to choose to work locally.

Employment capacity is simply the number of local jobs in an industry, divided by the number of local residents employed (anywhere) in that industry. A figure over 1.0 means there are more jobs available than residents employed in that industry. Under 1.0 means there are more residents employed than jobs available in that sector.

This is a theoretical exercise as, even if there are enough jobs provided locally, there will always be some people who choose to commute out of the area.

Employment capacity data should be viewed in conjunction with Employment self-containment and Residents place of work data, which provides detail about the actual proportion of residents working locally, and Gross Regional Product and Worker productivity data which shows the economic contribution of residents and workers.

Data source

National Economics (NIEIR) - Modelled series

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Employment capacity by industry
Northern Midlands Council area2018/192013/14
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing9408271.148977841.14
Mining23650.3637730.50
Manufacturing9876791.458976971.29
Electricity, Gas, Water and Waste Services521110.46651310.49
Construction6196460.963283590.92
Wholesale Trade4312331.854282671.60
Retail Trade4156860.603756380.59
Accommodation and Food Services2653530.752763320.83
Transport, Postal and Warehousing4873851.275023591.40
Information Media and Telecommunications36900.3927900.30
Financial and Insurance Services181090.16231100.21
Rental, Hiring and Real Estate Services141901.57136881.56
Professional, Scientific and Technical Services671770.38761630.46
Administrative and Support Services981290.76981360.72
Public Administration and Safety1783430.522153270.66
Education and Training2204120.532033760.54
Health Care and Social Assistance3517930.443416960.49
Arts and Recreation Services611380.44531080.49
Other Services1822680.681662490.66
Total industries5,5706,5360.855,1415,9820.86

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. Data are based on a 2016-17 price base for all years. 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

Northern Tasmania Region

economic profile