RDA Darling Downs and South West RegionEconomic profile
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RDA Darling Downs and South West Region

Local workers - Qualifications - Financial and Insurance Services

In the RDA Darling Downs and South West Region, the Financial and Insurance Services workforce has a higher proportion with tertiary qualifications compared to the Wholesale Trade workforce.

Qualification levels help to evaluate the economic opportunities and socio-economic status of local workers in a particular industry.

The level of qualifications in a workforce relate to a number of factors including:

  • The age of the workforce;
  • The skill and qualification level required to enter an industry;
  • The professional or working ambitions of people (to seek education as youth or retraining as adults);
  • The opportunities afforded to people to continue studying beyond compulsory schooling.

Educational Qualification statistics should be looked at in conjunction with Field of qualification and Occupation data for a full education analysis for RDA Darling Downs and South West Region.

Australian Bureau of Statistics (ABS) – Census 2011 (experimental imputed) & 2016 – by place of work

Please note – The 2016 Census used a new methodology to “impute” a work location to people who didn’t state their workplace address. As a result, 2016 and 2011 place of work data are not normally comparable. To allow comparison between 2011 and 2016, .id has sourced a 2011 dataset from the ABS which was experimentally imputed using the same methodology. To provide this detail, RDA Darling Downs and South West Region in 2011 had to be constructed from a best fit of Work Destination Zones (DZNs). While it may not be an exact match to the LGA or region boundary, it is considered close enough to allow some comparison. Users should treat this time series data with caution, however, and not compare directly with 2011 data from any other source.

Local workers qualifications
RDA Darling Downs and South West Region - Financial and Insurance Services20162011Change
Qualification levelNumber%Wholesale Trade %Number%Wholesale Trade %2011 to 2016
Bachelor or Higher degree60524.98.254120.85.3+64
Advanced Diploma or Diploma41817.27.735313.65.6+65
Certificate I and II Level371.52.1612.32.2-24
Certificate III & IV Level43818.029.138714.923.4+51
Certificate Level, nfd602.51.7552.11.6+5
No qualification82834.049.21,16444.858.0-336
Inadequately described or not stated482.02.1391.53.9+9

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Local workers qualification, 2016
Local workers qualification, 2016 Bachelor or Higher degree, Wholesale Trade: 8.2% Advanced Diploma or Diploma, Wholesale Trade: 7.7% Certificate I and II Level, Wholesale Trade: 2.1% Certificate III & IV Level, Wholesale Trade: 29.1% Certificate Level, nfd, Wholesale Trade: 1.7% No qualification, Wholesale Trade: 49.2% Bachelor or Higher degree, Financial and Insurance Services: 24.9% Advanced Diploma or Diploma, Financial and Insurance Services: 17.2% Certificate I and II Level, Financial and Insurance Services: 1.5% Certificate III & IV Level, Financial and Insurance Services: 18.0% Certificate Level, nfd, Financial and Insurance Services: 2.5% No qualification, Financial and Insurance Services: 34.0%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.
Change in local workers qualification, 2011 to 2016
Change in local workers qualification, 2011 to 2016 Bachelor or Higher degree, RDA Darling Downs and South West Region - Financial and Insurance Services: +64 Advanced Diploma or Diploma, RDA Darling Downs and South West Region - Financial and Insurance Services: +65 Certificate I and II Level, RDA Darling Downs and South West Region - Financial and Insurance Services: -24 Certificate III & IV Level, RDA Darling Downs and South West Region - Financial and Insurance Services: +51 Certificate Level, nfd, RDA Darling Downs and South West Region - Financial and Insurance Services: +5 No qualification, RDA Darling Downs and South West Region - Financial and Insurance Services: -336
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the qualifications of the Financial and Insurance Services in the RDA Darling Downs and South West Region in 2016 compared to the Wholesale Trade workforce within RDA Darling Downs and South West Region shows that there was a higher proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), and a lower proportion with no formal qualifications.

Overall, 46.0% of the Financial and Insurance Services held educational qualifications, and 34.0% had no qualifications, compared with 19.7% and 49.2% respectively for the Wholesale Trade workforce within RDA Darling Downs and South West Region.

The major differences between the qualifications held by the Financial and Insurance Services workforce in the RDA Darling Downs and South West Region and the Wholesale Trade workforce were:

  • A larger percentage of local workers with Bachelor or Higher degrees (24.9% compared to 8.2%)
  • A larger percentage of local workers with Advanced Diploma or Diplomas (17.2% compared to 7.7%)
  • A smaller percentage of local workers with No qualifications (34.0% compared to 49.2%)
  • A smaller percentage of local workers with Certificate III & IV Levels (18.0% compared to 29.1%)

Emerging groups

The largest changes in the qualifications held by the Financial and Insurance Services workforce in the RDA Darling Downs and South West Region between 2011 and 2016 were:

  • No qualifications (-336 local workers)
  • Advanced Diploma or Diplomas (+65 local workers)
  • Bachelor or Higher degrees (+64 local workers)
  • Certificate III & IV Levels (+51 local workers)

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