Dec 14, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

Australian shopping empire Wes…

AusBN - Australian shopping mall juggernaut Westfield has been purchased by...

ASX introduces blockchain technology into trade settlement system

ASX introduces blockchain tech…

AusBN - Australian Securities Exchange (ASX) has become the first major glo...

Australia’s annual economic growth rate rises to 2.8%

Australia’s annual economic gr…

AusBN - Australia’s annual economic growth rate has risen to 2.8% aft...

Healthcare continues to be Australia’s biggest employer

modern hospital signAusBNAusBN - Analysis of recent Bureau of Statistics figures conducted by Bankwest has revealed that Australia’s health and social assistance sector is the country’s largest employer.

The healthcare sector has increased to just over 12.5% of the nation’s total employment figures in the last two years, and is expected to remain at this level for the near future as Australia’s population continues to age.

The retail industry also remained the second largest employment sector, flatlining at 10.5%, while manufacturing saw a small growth in the job market from 7.3% in early 2016, to 7.8% at the start of 2017.

However, manufacturing employment figures are still only half of what they were in the early 1990s, when the industry accounted for almost 16% of Australia’s total employment numbers.

Bankwest also revealed that mining projects provided jobs to 103,000 people last year in Western Australia alone, up from figures in 2015.

@AusBNOnline

This Month's Issue

AusBN Vol3 Iss1

Subscribe

rgn web banner

abn web banner