The National Skills Commission has released their employment projections out to November 2025 (based on ABS industry employment data to Nov 2020). These provide us with a look at what the Commission are expecting in terms of employment growth and which industry sectors are likely to see what growth. The full data set is available for download here.
It shows that total employment is expected to grow by 7.8% over the 5 years with that split between the Greater Capital Cities at +8.4% and Regional Australia at +6.2%.
While in NSW and Victoria the expectation is for employment growth in the Capital Cities to outstrip that in the regions (Sydney +8.9%, Regional NSW +5.9%; Melbourne +9.7%, Regional VIC +6.4%) in Queensland the reverse pattern is forecast. Employment in Greater Brisbane is forecast to grow by 7.6% while Regional QLD is projected to be up 8.4%.
The four main industry sectors where Regional QLD is set to see solid growth are Healthcare & Social Assistance (adding 37,100 employed at a rate of 19.7%; compared to a national rate of +14.2%); Accommodation & Food Services (+23,400 employed at +22.1% compared to national rate +16.8%); Education & Training (+7,900 employed at +7.7% compared to national rate +10.8%) and Professional Services (+7,700 employed at +11.5% compared to national rate +11.0%).
Across the nation the Commission are expecting almost one million additional people employed (+991,600) by November 2025 with almost a quarter of a million of those (249,500) in the Healthcare sector.