Richmond Valley Council

Jobs to workers ratio

The jobs to residents ratio for Richmond Valley Council in 2022/23 was 0.81, meaning that there were less jobs than resident workers. Education and Training had the highest ratio (1.09), while the lowest ratio was found in Financial and Insurance Services (0.52).

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 Council2022/232017/18
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing7337470.986837350.93
Mining601050.5842800.53
Manufacturing1,2141,1461.061,5781,5101.05
Electricity, Gas, Water and Waste Services961540.62611070.57
Construction8549600.895116410.80
Wholesale Trade2002680.751652600.63
Retail Trade8061,1570.706849580.71
Accommodation and Food Services6978540.826266650.94
Transport, Postal and Warehousing3575070.703884990.78
Information Media and Telecommunications58910.6371800.88
Financial and Insurance Services681320.52631220.52
Rental, Hiring and Real Estate Services1081250.871171300.90
Professional, Scientific and Technical Services2233760.592553530.72
Administrative and Support Services2844300.662262830.80
Public Administration and Safety3945500.723624580.79
Education and Training8637951.097747731.00
Health Care and Social Assistance1,1291,6320.699441,3010.73
Arts and Recreation Services951380.691401520.92
Other Services4245880.722613440.76
Total industries8,66310,7550.817,9499,4510.84

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. 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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