Scenic Rim Regional Council
Local workers - Qualifications - Financial and Insurance Services
In the Scenic Rim Regional Council, the Financial and Insurance Services workforce has a higher proportion with tertiary qualifications compared to the Construction 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.
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, Scenic Rim Regional Council 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|
|Scenic Rim Regional Council - Financial and Insurance Services||2016||2011||Change|
|Qualification level||Number||%||Construction %||Number||%||Construction %||2011 to 2016|
|Bachelor or Higher degree||16||11.9||5.6||11||8.4||2.8||+5||25001|
|Advanced Diploma or Diploma||27||20.1||6.3||14||10.7||4.5||+13||25002|
|Certificate I and II Level||3||2.2||0.8||4||3.1||0.8||-1||25005|
|Certificate III & IV Level||29||21.6||45.5||26||19.8||44.4||+3||25006|
|Certificate Level, nfd||6||4.5||2.2||4||3.1||1.0||+2||25007|
|Inadequately described or not stated||--||--||3.5||4||3.1||4.0||--||25009|
Source: Australian Bureau of Statistics, Census of Population and Housing (opens a new window) 2011 and 2016. Compiled and presented by .id (opens a new window), the population experts.
Analysis of the qualifications of the Financial and Insurance Services in the Scenic Rim Regional Council in 2016 compared to the Construction workforce within Scenic Rim Regional Council shows that there was a higher proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), as well as a higher proportion with no formal qualifications.
Overall, 38.8% of the Financial and Insurance Services held educational qualifications, and 39.6% had no qualifications, compared with 14.9% and 36.2% respectively for the Construction workforce within Scenic Rim Regional Council.
The major differences between the qualifications held by the Financial and Insurance Services workforce in the Scenic Rim Regional Council and the Construction workforce were:
- A larger percentage of local workers with Advanced Diploma or Diplomas (20.1% compared to 6.3%)
- A larger percentage of local workers with Bachelor or Higher degrees (11.9% compared to 5.6%)
- A larger percentage of local workers with No qualifications (39.6% compared to 36.2%)
- A smaller percentage of local workers with Certificate III & IV Levels (21.6% compared to 45.5%)
The largest changes in the qualifications held by the Financial and Insurance Services workforce in the Scenic Rim Regional Council between 2011 and 2016 were:
- No qualifications (-15 local workers)
- Advanced Diploma or Diplomas (+13 local workers)
- Bachelor or Higher degrees (+5 local workers)
- Certificate III & IV Levels (+3 local workers)