Australian Capital Territory

This image shows that there were 228,200 people employed in Australian Capital Territory as at November 2018, up 7.8% since November 2013. Employment is projected to grow by 5.7% over the five years to May 2023.
 0% of jobs are regional. 15% of workers are aged 15 to 24 years. 11% of workers are self-employed. 49% of workers hold a bachelor degree or higher. 25% of workers hold a certificate 3 or higher qualification. 3% of workers hold an other qualification. 23% of workers do not hold a post-school qualification.

The Australian Capital Territory (ACT) is a relatively small labour market. Public Administration and Safety is the largest employing industry (66,700), followed by Health Care and Social Assistance (27,100) and Professional, Scientific and Technical Services (22,500). The ACT has the most highly educated workforce in Australia, with more than three quarters of workers holding post-school qualifications.

Current conditions (to January 2019)

Labour market conditions in the ACT have softened over the last year, with employment decreasing by 2,300 (or 1.0%). Full-time employment has fallen by 6,500 (or 3.8%) over the year, while part-time employment has increased by 4,200 (or 6.9%). The territory’s unemployment rate has declined by 0.6  percentage points over the year to 3.5% in January 2019, the lowest rate of any state or territory, although the fall was driven by a 1.3 percentage point decline in the participation rate to 69.6% in January 2019.

Conditions for youth in the ACT have improved over the year, with youth employment increasing by 600 (or 1.9%). The youth unemployment rate in the ACT has fallen by 2.3 percentage points over the year to 8.6% in January 2019, the lowest rate of any state or territory.

Outlook

The short-term outlook for the ACT labour market is reasonably positive. The ACT Treasury has forecast employment growth of 1¾% in 2019-20. Over the five years to May 2023, employment in the ACT is projected to increase by 5.7%.

Top employing industries

Top employing industries
Employ’t Nov 2018  Share of total 5 year change to Nov 2018
Industries  '000 %  '000 %
Public Administration and Safety 66.7 29 -3.3 -4.7
Health Care and Social Assistance 27.1 12 6.3 30.1
Professional, Scientific and Technical Services 22.5 10 2.5 12.3
Education and Training 21.0 9 2.5 13.5
Accommodation and Food Services 16.5 7 4.7 40.1
Retail Trade 16.3 7 -0.2 -1.0
Construction 14.8 6 1.3 10.1
Other Services 9.1 4 2.4 36.2
Transport, Postal and Warehousing 7.1 3 2.3 47.1
Administrative and Support Services 6.5 3 0.2 3.2
Manufacturing 4.4 2 0.6 14.6
Arts and Recreation Services 3.9 2 -0.2 -5.7
Financial and Insurance Services 3.4 1 -0.1 -1.8
Rental, Hiring and Real Estate Services 3.2 1 0.6 22.3
Information Media and Telecommunications 3.1 1 -1.6 -34.4
Wholesale Trade 1.7 1 -0.4 -19.6
Electricity, Gas, Water and Waste Services 1.3 1 0.1 -
Agriculture, Forestry and Fishing 0.5 - 0.0 -
Mining 0.1 - -0.1 -

Employment by region, Australian Capital Territory

Employment by region, Australian Capital Territory
Employment Employment Profile Workforce Educational Profile Projected Employment
Employ’t Nov 2018  5 year change
to Nov 2018
Part-time Female Aged 15 to 24 years Aged 55 years or older Bachelor degree or higher Cert III or higher VET qual No post-school qual 5 year change to May 2023
Region ‘000 ‘000 % % % % % % % % %
ACT 228.2 16.6 7.8 27 49 15 16 49 25 23 5.7
Australia 12,694.8 1,242.5 10.8 32 47 15 19 32 31 32 7.1

Sources: ABS, Labour Force (trend and annual averages of original data); ABS, Education and Work; Department of Jobs and Small Business, Employment Projections; Department of Treasury and Finance, ACT Treasury

For more information see lmip.gov.au