Australian Capital Territory

Image
to 24 years. 11% of workers are self-employed.
Image
49% of workers hold a bachelor degree or higher. 21% of workers hold a certificate 3 or higher qualification. 3% of workers hold an other qualification. 27% of workers do not hold a post-school qualification.

 

Top employing industries in the Australian Capital Territory

  Employ’t May 2021 Share of total 5 year change to May 2021
Industries  '000 %  '000 %
Public Administration and Safety 66.2 28 -1.2 -1.8
Health Care and Social Assistance 32.3 14 9.2 40.1
Professional, Scientific and Technical Services 30.1 13 6.4 26.8
Education and Training 19.4 8 4.6 31.2
Retail Trade 19.1 8 2.3 14.0
Construction 17.5 7 3.4 23.9
Accommodation and Food Services 13.9 6 0.9 7.3
Other Services 9.6 4 2.8 41.7
Administrative and Support Services 6.2 3 0.3 5.6
Transport, Postal and Warehousing 5.8 2 -1.5 -20.3
Arts and Recreation Services 5.6 2 1.0 22.7
Financial and Insurance Services 3.2 1 -2.4 -42.7
Manufacturing 3.0 1 -1.3 -29.8
Information Media and Telecommunications 2.9 1 0.0 -1.3
Agriculture, Forestry and Fishing 1.4 1 0.0 -
Rental, Hiring and Real Estate Services 1.4 1 -1.8 -57.5
Electricity, Gas, Water and Waste Services 1.3 1 -0.7 -
Wholesale Trade 1.0 0.4 -0.7 -
Mining 0.2 0.1 0.1 -

Following the onset of COVID-19 and the shutdown of non-essential services and trading restrictions, employment in the ACT fell by 9,900 (or 4.2%) between March 2020 and the trough in May 2020. Over the same period, the participation rate in the ACT decreased, from 72.3% in March 2020, to 69.7% in May 2020, while the unemployment rate rose, from 3.2% in March 2020, to a peak of 4.8% in June 2020 in the immediate aftermath of the pandemic.

Employment in the ACT increased by 4,200 between May 2020 and July 2021 but remains 5,800 (or 2.4%) below its pre-pandemic level. Moreover, the participation rate in the territory, at 70.8% in July 2021, is below the rate recorded in March 2020, while the unemployment rate, at 4.3% in July 2021, is above the pre-pandemic rate.

Encouragingly, there has been robust growth in recruitment activity in the ACT, as measured by the Internet Vacancy Index, with job advertisements 1.2 times higher than the pre-pandemic level, although the recent outbreak of COVID-19 cases, and associated lockdown and restrictions, is likely to dampen labour market activity in the coming months.

Employment by region

  Employment Employment Profile Educational
  Employment May 2021 5 year change to May 2021 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
Region '000 '000 % % % % % % % %
ACT 237.2 18.7 8.5 27 50 15 16 49 21 27
Australia 13125.1 1177.9 9.9 32 47 14 20 36 29 29

Sources: ABS, Labour Force (seasonally adjusted and annual averages of original data); ABS, Characteristics of Employment; ABS, Education and Work; National Skills Commission, Internet Vacancy Index.