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2021-12-13 GC Agenda - Item 9 - Attachment 2-Noosa Economic Plan Review Update Report 2021
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Log in to see the plans as drawn NOOSA LEP REVIEW - ECONOMIC ANALYSIS REPORT - Draft Report
4.2 Employment
The largest employing industry sectors in Noosa are similar to the largest sectors contributing to
GRP, however, there are some notable differences. The largest employing industry sectors in 2019-
20 include:
• Accommodation and Food Services
• Health Care and Social Assistance
• Retail Trade
• Construction
• Education and Training
The main difference regarding employment and GRP is related to the value contribution from each
sector (i.e. GRP) versus the number of jobs associated with each industry (i.e. employment). Some
sectors have a higher value contribution, relative to the number of jobs they provide. Both are
important to understanding the industry and economic structure of the local area.
Compared to Queensland, Noosa has a much higher proportion of employment in accommodation
and food services, retail trade (related to the strength of the local tourism industry) and
construction.
It is interesting that despite growth in the tourism sector over the last five years, the retail trade
industry has experienced a decrease of 327 jobs, the largest decrease of any industry. At the same
time, the construction sector has seen the largest increase (350 jobs) and accommodation and food
services (223 jobs) the second largest increase over the last five years. These changes show the
considerable structural change that has taken place in the retail trade sector recently as technology
has increase and more consumers are buying products online.
Figure 4.5. Employment by Industry, Noosa, 2019-20
Accommodation and Food Services
Health Care and Social Assistance
Retail Trade
Construction
Education and Training
Professional, Scientific and Technical Services
Other Services
Administrative and Support Services
Manufacturing
Rental, Hiring and Real Estate Services
Wholesale Trade
Public Administration and Safety
Arts and Recreation Services
Transport, Postal and Warehousing
Financial and Insurance Services
Agriculture, Forestry and Fishing
Information Media and Telecommunications
Electricity, Gas, Water and Waste Services
Mining
0% 5% 10% 15% 20%
Employment by industry (% of total)
Noosa Queensland
Source: economyID (2021).
15
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