The Northern Territory (NT) is the smallest labour market in Australia. Almost two thirds of jobs are in Darwin. Health Care and Social Assistance is the largest employing industry (19,600 workers), closely followed by Public Administration and Safety (19,400). Employment growth over the past five years was below the national average.
Current conditions (to January 2018)
Labour market conditions weakened in the NT over the year to January 2018, with employment decreasing by 4,300. The fall in employment was due to a decline in full-time employment, down by 4,500, while part-time employment rose marginally. Reflecting the weaker conditions, the unemployment rate rose by 1.1 percentage points over the year to 4.6% (although it remains below the national rate of 5.5%), while the participation rate fell by 1.8 percentage points to 76.2% (but remains the highest rate in Australia).
Conditions for youth in the NT also softened over the year, with youth employment declining by 800 (or 3.9%). The youth unemployment rate rose by 1.0 percentage point to 8.6%, although it remains well below the national rate (12.3%).
The NT Treasury forecasts a 0.4% fall in employment in 2018-19, while the unemployment rate is expected to average 4.5% over the period. Over the five years to May 2022, employment in the NT is projected to grow by 5.4%.
Employment by region, Northern Territory
|Employment||Employment Profile||Projected Employment|
|Employ’t Nov 2017||5 year change
to Nov 2017
|Aged 15 to 24 years||No post-school qual||5 year change to May 2022|
|NT - Outback||53.0||1.5||2.9||13||36||4.4|
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; Department of Treasury and Finance, Northern Territory
For more information see lmip.gov.au