It's a brand new year but in regional New South Wales the old issues followed us past midnight on 31 December 2018.
Employment opportunities - where will our unemployed and underemployed people find a job in 2019 and beyond?
This is how the old year ended.....
List
of summary data inNorth Coast
|
|
Data
Name
|
Data
Value
|
Unemployment
Rate (15+):
|
6.1%
|
Unemployed
(15+):
|
7,000
|
Total
jobactive Caseload (15+):
|
10,643
|
Youth
jobactive Caseload (15-24):
|
1,779
|
Mature
Age jobactive Caseload (50+):
|
3,562
|
The future appears to be a mixed bag for the NSW North Coast over the next twenty-four years.
At which point the population may have reached somewhere in the vicinity of 400,000 residents.
However, it is expected there will be a drop in employment levels across Agriculture, Forestry & Fishing on the North Coast.
While Manufacturing only grows slightly in the Richmond-Tweed region and remains static same elsewhere.
Wholesale Trade remains steady in Tweed-Richmond with up to 300 new jobs, but is projected to go backwards in Coffs Harbour-Grafton over the next 24 years.
Retail Trade is predicted to grow modestly across the North Coast, with 900 new jobs predicted.
The Accommodation and Food Services sector is expected to show unspectacular growth right across the North Coast regions with only 900 additional jobs.
Administrative and Support Services employment is projected to rise - but only by 700 jobs up to 2023 and Public Administration & Safety are only expected to add 300 jobs over that same time period.
The Education sector is expected to grow by 700 jobs.
Information, Media & Telecommunications is expected to grow by 8.4% but it will take 24 years to achieve this small improvement on May 2018 figures and barely represents an est. 100 jobs overall.
Financial and Insurance sector employment opportunities are expected to diminish across the regions, but there are expected to be 500 more jobs in the Professional, Scientific & Technical Services.
Transport, Postal & Warehousing employment is predicted to remain at near present levels.
The Mining sector is not expected to grow past May 2018 levels on the North Coast from the Clarence Valley up to the NSW-Queensland border taking in all seven Northern Rivers local government areas.
However Construction employment is expected to grow by 15-16% by 2023 across the region. This represents est. 3,000 more jobs above May 2018 numbers.
Healthcare & Social Assistance is also predicted to grow by 3,900-4,000 available positions by 2023.
See the following Labour Market Information Portal links for further employment projections for regional Australia, including the NSW North Coast:
Employment projections
for the five years to May 2023
Each year, the
Department of Jobs and Small Business produces employment projections by
industry, occupation, skill level and region for the following five-year
period. These employment projections are designed to provide a guide to the
future direction of the labour market, however, like all such exercises, they
are subject to an inherent degree of uncertainty.
The 2018 employment
projections are based on the forecasted and projected total employment growth
rates published in the 2018-19 Budget, the Labour Force Survey (LFS) data (June
2018) for total employment, and the quarterly detailed LFS data (May 2018) for
industry employment data.
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