The Australian Capital Territory (ACT) labour market is small and highly skilled. There are 209,800 workers (around 2% of the national total) and 43% have a bachelor degree or higher qualification.
Over the five years to November 2015, employment rose by 1,400 (or 0.7%). Female employment increased by 3,000 or 2.9%, offsetting a fall in male employment (down by 1,600 or 1.5%). Women have a high share of ACT jobs (49%). ACT employment is projected to continue to rise over the next five years (up by 7.2%).
Public Administration and Safety is the largest employing industry, with 29% of all ACT workers. Employment in this industry fell by 3,800 (or 5.9%) over the five years to November 2015, driven by declines over the last two years (down by 9,300 or 13.4%). Health Care and Social Assistance is the second largest employing industry (10% of the workforce), followed by Professional, Scientific and Technical Services and Education and Training (both 9%). These three industries, combined, contributed 8,200 new jobs over the past five years.
Manufacturing and Construction have low shares of employment and there have been job losses in these industries over the past five years. Consequently relatively few workers have a certificate III or higher vocational education and training (VET) qualification.
Around 93% of young people (15 to 24 years) are either in work or full-time study (compared with 89% nationally).
Educational attainment, Australian Capital Territory (% of workforce)
Age profile, Australian Capital Territory (% of workforce)
Employment by region, Australian Capital Territory
|Employment||Employment Profile||Projected Employment|
|Employ’t Nov 2015||5 year change to Nov 2015||Part-time||Female||5 year change to Nov 2020|
|Australian Capital Territory||209.8||1.4||0.7||27||49||15.3||7.2|
1. Some data are trend and, for these, totals do not add
Sources: ABS, Labour Force (trend and annual averages of original data); ABS, Education and Work; Department of Employment, Regional Employment Projections
For more information see lmip.gov.au