Retail Trade is Australia’s second largest employing industry. Employment growth in this industry has been relatively subdued over the past five years (up by 3.0%). Part-time work is common in this industry and more than half the workers are female.
This industry offers good opportunities for young people to enter the labour market.
- Post-school qualifications are often not required.
- Almost one third of Retail Trade workers are aged 15 to 24 years.
Retail Trade employment is projected to grow by 3.7% over the five years to May 2023, compared with 7.1% growth projected across all industries. Relatively strong growth, however, is projected in a number of sectors, including Non-Store Retailing (which includes online retailing) and Hardware, Building and Garden Supplies Retailing.
Sources: ABS, Labour Force (trend and annual averages of original data); ABS, Education and Work; Department of Jobs and Small Business, Industry Employment Projections
For more information see lmip.gov.au