Top 5 industries
|Employ’t Nov 2017||Share of total||5 year change to Nov 2017|
|Health Care and Social Assistance||38.9||16||3.9||11.2|
|Education and Training||19.5||8||-3.0||-13.4|
Tasmania is the smallest employing state. It is also the most regionally diverse state, with just 45% of jobs in Hobart. Employment growth over the past five years was well below the national average. The largest number of new jobs added over this period was in Retail Trade, followed by Health Care and Social Assistance. The largest job losses were in Education and Training and Wholesale Trade.
Tasmania has the oldest workforce of any state or territory, with 47% of its workers aged 45 years or older, although the proportion aged 15 to 24 years is in line with the national average.
Workers in this state are less likely to have completed post-school study than the national average, although they are more likely to have a certificate III or higher vocational qualification. Lower levels of post-school education are particularly evident in areas outside of Hobart.
This state has a relatively large share of part-time workers.
Did you know?
Travelling to work by car is common in Tasmania (more than 70% of workers use this method of travel)
Current conditions (to January 2018)
Labour market conditions improved in Tasmania over the year to January 2018, with employment increasing by 5,700. The rise in employment, however, was predominately due to an increase in part-time employment, up by 5,100, while full-time employment rose by a more modest 600. Against the stronger backdrop, the state’s unemployment rate decreased by 0.4 percentage points over the year to 5.3% in January 2018, the lowest rate recorded since September 2011 and below the national rate (of 5.5%). While the participation rate in Tasmania increased by 0.7 percentage points over the year to 60.6%, it remains the lowest rate of any state or territory.
Conditions for youth in Tasmania also improved over the year, with employment increasing by 1,600 (or 4.4%), while the state’s youth unemployment rate decreased by 2.1 percentage points, to 13.8% in January 2018.
The short-term outlook for the Tasmanian economy is relatively soft. The Tasmanian Treasury has forecast employment growth of 1% in 2018-19, while the unemployment rate is expected to average 5¾% over the period. Over the five years to May 2022, employment in Tasmania is projected to increase by 5.6% (below the projected national growth of 7.8%).
Employment by region, Tasmania
|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|
|Launceston and North East||66.8||-0.5||-0.7||39||48||15||24||20||33||39||3.1|
|West and North West||50.5||3.3||6.9||36||47||15||24||14||37||41||7.1|
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, Tasmania
For more information see lmip.gov.au