New South Wales

This image shows that there were 3,920,600 people employed in New South Wales as at November 2017, up 2.9% since November 2016 and 9.8% since November 2012. Employment is projected to grow by 8.4% over the five years to May 2022.
33% of jobs are regional (down 1 percentage point over 5 years).
47% of workers are female (up 1 percentage point over 5 years).
69% of workers hold post-school qualifications (up 4 percentage points over 5 years).
30% of jobs are part-time (up 1 percentage points over 5 years).
The median age is 40 years (no change over 5 years).

Top 5 Industries

Top 5 Industries, New South Wales
  Employ’t Nov 2017 Share of total 5 year change to Nov 2017
Industry  '000 %  '000 %
Health Care and Social Assistance 518.5 13 98.0 23.3
Retail Trade 392.1 10 31.8 8.8
Professional, Scientific and Technical Services 371.8 9 64.3 20.9
Construction 366.4 9 87.3 31.3
Education and Training 325.0 8 56.9 21.2

New South Wales is the largest employing state (with around two thirds of state employment in Sydney). Employment growth over the past five years was above the national average, with Health Care and Social Assistance adding the most new jobs, followed by Construction and Professional, Scientific and Technical Services.

Around 69% of this workforce have post-school qualifications and they are more likely to hold a bachelor degree or higher than workers nationally. Sydney has the most the most highly educated workforce in the state, with 71% holding post-school qualifications and 38% with a bachelor degree or higher.

The age profile is in line with the national average although, in some regions such as Illawarra, young workers (15 to 24 years) account for relatively large shares of employment.

Current conditions (to January 2018)

Labour market conditions strengthened in New South Wales over the year, with employment up by 134,100. The increase was driven by a strong rise in full-time employment, up by 108,700, while part-time employment increased by 25,400. The state’s unemployment rate was steady over the year at 5.1% (below the national rate of 5.5%), while the participation rate rose by 1.2 percentage points to 64.3% (but remains below the national rate of 65.6%).

Conditions for youth in New South Wales improved over the year, with employment rising by 12,600 (or 2.2%), while the youth unemployment rate declined by 0.9 percentage points to 10.8%.

Outlook

The short-term outlook for the New South Wales economy is reasonably positive. The New South Wales Treasury has forecast employment growth of 1¾% in 2018-19, while the unemployment rate is expected to average 4¾% over the period. Over the five years to May 2022, New South Wales employment is projected to increase by 8.4% (above the projected national growth of 7.8%).

Did you know?
15% of NSW workers are self-employed

Educational attainment, New South Wales (%)

Shows the educational attainment profile of the New South Wales workforce.  Bachelor degree or higher 33%. Certificate III or higher VET qualification 30%. Other qualification 6%. No post-school qualification 31%.

Age profile, New South Wales (%)

Shows the age profile of the New South Wales workforce. 14% aged 15 to 24 years. 23% aged 25 to 34 years. 22% aged 35 to 44 years. 22% aged 45 to 54 years. 19% aged 55 years or older.

Employment by region, New South Wales

Employment by region, New South Wales
  Employment Employment Profile Workforce Educational Profile Projected Employment
  Employ’t Nov 2017 5 year change
to Nov 2017
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 2022
Region ‘000 ‘000 % % % % % % % % %
Greater Sydney 2,626.9 263.2 11.1 28 46 14 17 38 26 29 9.4
Capital Region 106.9 -5.1 -4.6 34 47 13 25 22 36 35 5.6
Central West 103.1 10.6 11.5 31 46 14 25 19 37 36 5.8
Coffs Harbour - Grafton 56.4 -3.3 -5.6 35 47 14 26 20 38 34 5.4
Far West and Orana 58.1 2.3 4.1 26 46 13 26 18 36 39 7.9
Hunter Valley (exc Newcastle) 128.6 4.9 4.0 36 47 15 20 15 41 37 5.0
Illawarra 141.9 17.8 14.4 35 48 17 18 25 37 31 8.6
Mid North Coast 94.6 26.1 38.2 43 50 13 28 17 40 35 11.0
Murray 46.8 -8.0 -14.6 32 45 15 26 18 37 38 3.8
New England and North West 79.0 -0.7 -0.9 29 46 14 26 19 35 38 4.6
Newcastle and Lake Macquarie 182.8 16.7 10.1 34 48 16 19 27 36 32 7.7
Richmond - Tweed 107.9 1.5 1.5 43 51 13 27 23 36 34 6.0
Riverina 77.8 1.5 2.0 29 47 16 23 18 35 39 2.1
Southern Highlands and Shoalhaven 50.3 -7.2 -12.5 37 47 14 27 21 39 32 8.2
New South Wales1 3,920.6 348.5 9.8 30 47 14 19 33 30 31 8.4
Australia 12,380.1 970.7 8.5 32 47 14 19 30 31 33 7.8

1. Some data are trend and, for these, totals do not add

Sources: ABS, Labour Force (trend and annual averages of original data); ABS, Census of Population and Housing; Department of Jobs and Small Business, Regional Employment Projections; New South Wales Treasury

For more information see lmip.gov.au