Aug 18, 2017 Last Updated 2:35 PM, Aug 17, 2017

New Entry From the Editor :

Telstra cuts dividend outlook after disappointing FY performance

Telstra cuts dividend outlook …

AusBN - Telstra (ASX:TLS) has revealed its full-year (FY) profit dropped 33...

Contrasting fortunes for Origin and Woodside in FY results

Contrasting fortunes for Origi…

AusBN - Origin Energy has posted a full-year (FY) loss of AUS$2.2 billion a...

Report finds majority of top Australian firms ill-equipped for business in Asia

Report finds majority of top A…

AusBN - A report by think tank Asialink has found that a large majority of ...

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

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