What is an industry?
Industries are formed by grouping together businesses and other organisations that are mainly engaged in undertaking similar activities. Within each industry, workers are employed across a wide range of occupations of varying skill levels. For example, the Construction industry includes people employed as Construction Managers, Accountants, Electricians and Building and Plumbing Labourers.
There are 19 broad industries as defined by the Australian and New Zealand Standard Industrial Classification (ANZSIC) and these industries are discussed in more detail in this section of Australian Jobs.
Which are the largest employing industries in Australia?
Five industries each provide more than one million jobs. Around 50% of Australian workers are employed in one of these five industries.
- Health Care and Social Assistance (1,685,100).
- Retail Trade (1,272,300).
- Construction (1,166,900).
- Professional, Scientific and Technical Services (1,082,100).
- Education and Training (1,035,400).
Which industries employ young people?
Young workers (15 to 24 years) are employed across all industries, although some offer more opportunities than others. Industries with large numbers of young workers include
- Retail Trade (around 410,000)
- Accommodation and Food Services (400,000)
- Construction (190,000).
Which industries have gained or lost jobs?
Over the five years to November 2018, the largest numbers of new jobs were created in
- Health Care and Social Assistance (up by 297,500)
- Professional, Scientific and Technical Services (175,700)
- Construction (171,700).
Job losses were recorded in two industries.
- Wholesale Trade (down by 17,800).
- Mining (11,900).