City of Monash

Employment by industry (FTE)

In the City of Monash, Health Care and Social Assistance is the largest employer, generating 18,234 FTE jobs in 2022/23.

Full-time equivalent (FTE) employment is modelled by NIEIR and takes into account differences in hours worked between industry sectors. It is a measure that allows direct comparison of employment between industries in the City of Monash.

Typically, industries such as Retail Trade and Accommodation and Food Services, which employ many part-time workers, have lower FTE employment than total employment.

FTE employment is calculated directly by dividing the total hours worked in each industry by 38. By comparing the number of full-time equivalent jobs in each industry sector to a regional benchmark, you can clearly see the structure of the City of Monash's economy. This can be done by directly comparing the area to its benchmark, or by using a location quotient to look at the relative size of industries.

FTE employment should be viewed in conjunction with Employment by industry (Total) and Employment by industry (Census), for a full understanding of the industry breakdown in the area. Worker productivity data shows the value of a worker in each industry to the local economy. Employment locations shows where employment is taking place in each industry sector.

Data source

National Economics (NIEIR) - Modelled series

Please note: FTE employment is derived from Census data but has been corrected for the known undercount of employment in the Census. Detailed notes about how the figures are derived can be found in thespecific topic notes section.
Current benchmark:
Comparison year:
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Full-time equivalent employment by industry sector
City of Monash2022/232017/18Change
IndustryNumber%. VictoriaNumber%. Victoria2017/18 - 2022/23
Agriculture, Forestry and Fishing1340.12.42560.23.6-122
Mining660.10.4690.10.4-3
Manufacturing12,38711.38.113,85112.49.6-1,464
Electricity, Gas, Water and Waste Services1,1351.01.49390.81.3+196
Construction10,4439.611.013,91812.510.3-3,475
Wholesale Trade6,5976.03.37,5446.83.6-947
Retail Trade8,8998.28.410,3469.39.3-1,446
Accommodation and Food Services3,9193.64.93,9603.65.5-41
Transport, Postal and Warehousing5,0214.65.75,0304.55.7-9
Information Media and Telecommunications1,7101.61.82,1311.92.2-422
Financial and Insurance Services3,1212.94.92,6252.44.1+496
Rental, Hiring and Real Estate Services1,7421.61.71,7771.61.7-35
Professional, Scientific and Technical Services11,08810.210.710,0009.09.3+1,088
Administrative and Support Services3,5133.22.73,8383.43.0-324
Public Administration and Safety3,2122.95.73,0062.75.1+206
Education and Training13,74812.68.313,12811.88.1+620
Health Care and Social Assistance18,23416.713.714,10812.711.4+4,127
Arts and Recreation Services9800.91.79730.91.8+8
Other Services3,2283.03.43,9083.54.0-680
Total industries109,178100.0100.0111,406100.0100.0-2,228

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in the City of Monash in 2022/23 shows the three largest industries were:

  • Health Care and Social Assistance (18,234 people or 16.7%)
  • Education and Training (13,748 people or 12.6%)
  • Manufacturing (12,387 people or 11.3%)

In combination these three fields accounted for 44,369 people in total or 40.6% of the local workers.

In comparison, Victoria employed 13.7% in Health Care and Social Assistance; 8.3% in Education and Training and 8.1% in Manufacturing.

The major differences between the jobs held by the full-time equivalent local workers of the City of Monash and Victoria were:

  • A larger percentage of full-time equivalent local workers employed in Education and Training (12.6% compared to 8.3%)
  • A larger percentage of full-time equivalent local workers employed in Manufacturing (11.3% compared to 8.1%)
  • A larger percentage of full-time equivalent local workers employed in Health Care and Social Assistance (16.7% compared to 13.7%)
  • A smaller percentage of full-time equivalent local workers employed in Public Administration and Safety (2.9% compared to 5.7%)

Emerging groups

The number of full-time equivalent local workers in the City of Monash increased by decreased by -2,228 between 2017/18 and 2022/23.

The largest changes in the jobs held by the full-time equivalent local workers between 2017/18 and 2022/23 in the City of Monash were for those employed in:

  • Health Care and Social Assistance (+4,127 full-time equivalent local workers)
  • Professional, Scientific and Technical Services (+1,088 full-time equivalent local workers)
  • Education and Training (+620 full-time equivalent local workers)
  • Financial and Insurance Services (+496 full-time equivalent local workers)

City of Monash

economic profile