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Australian Labour Market Update 2015

Tuesday, August 18, 2015 12:07 am

Based on the forecasts and projections published in the December 2014 Mid-Year Economic and Fiscal Outlook (MYEFO), the Department of Employment projects total employment to increase by 1,166,400 (or 10.0 per cent) over the five years to November 2019.

Full-time employment is projected to make the largest contribution to employment growth over the period (up by 669,000 or 8.3 per cent), although part-time employment is projected to increase at a faster rate (up by 494,400 or 14.0 per cent).

Employment among males is projected to increase by 622,700 (or 9.9 per cent) over the five years to November 2019, while female employment is projected to rise by 543,800 (or 10.2 per cent).

Employment is projected to increase in 17 of the 19 broad industries over the five years to November 2019, with declines in employment projected only for Mining and Manufacturing.

Read the full article here - http://www.transciv.com.au/assets/docs/2015_Industry_Employment_Projections_Report.docx