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2015-12-14 General Committee Agenda Attachment 1 to Item 3 Noosa Shire Economic Plan

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Noosa’s population is ageing, albeit faster than many     While the aging population going forward implies
other regions. In 2011, the median age for the shire      a smaller workforce will produce less in economic
was 46 years compared to 38 and 36 years in the           terms, it also indicates there will be demand for
SEQ region and Queensland respectively. Residents         a range of goods and services specific to an older
aged 45 years and over accounted for 39.3% of the         demographic.
population in 1991 and 50.9% at the 2011 census.




                                  Source: Noosa Shire Council (unpublished)




Employment                                                •   Retail trade employs 16% of the total workforce,
                                                              which is 50% higher than the Australian average
Employment trends in Noosa reflect both our aging
                                                          •   Accommodation and foods services employ
population, national trends in health care, and a
                                                              14% of the total workforce which is double the
strong tourism sector. Increased employment in
                                                              Australian average
professional, scientific and technical services signals
growth in ‘smart’- high value industry sectors. This is   •   Health care and social assistance employs 12%
a trend that could be exploited.                              of the total workforce

                                                          •   Education and training employs 9% of the total
Three of the top five employment sectors in Noosa
                                                              workforce, and
are primarily geared towards population and tourism
driven industry sectors. These five sectors provide       •   Construction employs 8% of the total workforce.
60% of all local jobs:
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