Richmond Valley Council

Jobs to workers ratio

The jobs to residents ratio for Richmond Valley Council in 2021/22 was 0.81, meaning that there were less jobs than resident workers. Manufacturing had the highest ratio (1.09), while the lowest ratio was found in Information Media and Telecommunications (0.50).

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 Richmond Valley Council 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

Comparison year:
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Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
Employment capacity by industry
Richmond Valley Council2021/222016/17
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing6836870.996466980.93
Mining57930.6143830.53
Manufacturing1,2071,1041.091,4381,3891.04
Electricity, Gas, Water and Waste Services1011390.73581010.57
Construction7919090.875176560.79
Wholesale Trade1602190.731502440.61
Retail Trade7221,1110.656539120.72
Accommodation and Food Services6677730.865756050.95
Transport, Postal and Warehousing3645220.703294180.79
Information Media and Telecommunications39780.5038590.65
Financial and Insurance Services53970.55621090.57
Rental, Hiring and Real Estate Services1031021.011061230.86
Professional, Scientific and Technical Services2063090.672633550.74
Administrative and Support Services2233160.712793420.82
Public Administration and Safety4175620.743804740.80
Education and Training8177691.067878120.97
Health Care and Social Assistance1,1441,6830.689911,3560.73
Arts and Recreation Services931230.761281300.98
Other Services3194440.722663560.75
Total industries8,16810,0400.817,7119,2220.84

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in economy.id by .id (informed decisions). 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
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Richmond Valley Council

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