5.0% —
Higher than 51% of federal electorate areas.
- 2016: 6.2%
- 2021: 5.0%
Unemployed people as a share of the labour force (aged 15+).
Banks · Federal Electorate
Jobs & Industry in Banks
Work across the area — who is in the labour force, in which industries and jobs.
Fewer people are working or looking for work in Banks than in most similar areas, with only 56.9% of adults in the labour force. This trend has dropped since 2016, and the share of full-time employees has fallen even more sharply to 54.6%. Despite this, the unemployment rate of 5.0% is about the same as the state and national figures.
Labour force
Employment, participation and unemployment.
Full-time employment in Banks is well below the national figure, falling 8.8 percentage points since 2016. The proportion of adults working or looking for work has also dipped to 56.9%, which is lower than most other areas.
56.9% —
Lower than 74% of federal electorate areas.
- 2016: 60.4%
- 2021: 56.9%
Share of people aged 15+ who are in the labour force.
54.6% —
Lower than 80% of federal electorate areas.
- 2016: 63.4%
- 2021: 54.6%
Share of employed people who worked full-time.
Industries
The industries that employ local workers.
Health care and social assistance is the most common industry for local workers at 13.7%, followed by professional and technical services at 9.4% and retail trade at 9.2%.
Occupations
The kinds of jobs people do.
Professional roles are the most common occupation here at 26.7%. Other significant groups include clerical and administrative workers at 16.1% and managers at 13.1%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Banks
Cite this page
Australian Bureau of Statistics. (2021). Jobs & Industry in Banks [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/ced/CED101/banks/topic/employment