SHOROC State of the Region Report

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Gross Regional Product Back to top

money

Key Indicators

  1. SHOROC Region Local Gross Regional Product (LGRP) and Resident Gross Regional Product (RGRP)
  2. Local GRP per worker compared to the Sydney Statistical Division (SSD) and NSW

Note:

  • LGRP shows the value of the economy, generated by the workers within the area regardless of where they live, after taxes and dividends leave the area.
  • Residents GRP refers to the economic output of the residents of the area regardless of where they work. It is best thought of as the income received by people in the LGA. If the Residents GRP of an area is high relative to the Local GRP, this indicates that residents are contributing their economic productivity to other areas (most likely commuting out).

Target (SHOROC Region)

  1. Total LGRP and Resident GRP to increase over time
  2. LGRP to meet or exceed that of the SSD and NSW

What is the current situation / trend?

  1. Total SHOROC LGRP to increase over time

on-track Indicator is on-track

The SHOROC Region has seen a 17% increase in Local GRP and a 14% increase in Resident GRP between 2006 and 2012 as indicated in the following table:

SHOROC Region LGRP & GRP, Productivity of the Economy over time
  Financial year ending June 2012 Financial year ending June 2011 Financial year ending June 2006 (2011/12 constant prices) Change 2006 to 2011
LGRP $14,652 $14,397m $12,498m $2,154m 17.2%
Resident GRP $20,563m $20,408m $18,088m $2,475m 13.7%

 

2. LGRP to meet or exceed that of the SDD and NSW

on-track Indicator is on-track

In 2012 LGRP per worker for the SHOROC Region is below that of the SSD and NSW  as follows:

LGRP per worker (2012)
Comparative Areas LGRP per worker 2012 LGRP per worker 201206
SHOROC Region $95,203 $96,946
SSD $110,878 $107,086
NSW $104,416 $101,201

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Unemployment Back to top

Key Indicator

Unemployment compared to New South Wales (NSW) and Australia.

Target (SHOROC Region)

Reduced unemployment levels compared to NSW and Australia.

What is the current situation/trend?

on-track Indicator is on-track

Latest employment figures indicate that the SHOROC Region in December 2012 had an unemployment rate of 3.0%, this is significantly lower than NSW and Australia’s unemployment rates, as illustrated in the following diagram:

employment graph

 

Refer to SHOROC’s Economy Id for more information.

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Employment Self-Containment Back to top

Brookvale aerial

Key Indicators

Percentage of residents who work within the region: ‘Employment Self-Containment’.

Target (SHOROC Region) 

Maintain or increase the percentage of residents who work within the region over time.

What is the current trend?

off-track Indicator is off-track

48.0% of SHOROC working residents are currently employed within the SHOROC Region as follows:

Employment location of Shore Regional Organisation of Councils’ residents

 

2006

 

2011

 

 

Number

Percent (%)

Number

Percent (%)

Within the SHOROC region

62,752

48.8

64,811

48.0

Outside the SHOROC region

54,867

42.7

56,883

42.1

Live within the SHOROC region, work location unknown

10,913

8.5

13,427

9.9

Employed residents of the SHOROC region

128,532

100.0

135,121

100.0

Source: Source: Australian Bureau of Statistics, Census of Population and Housing 2011.

For more, visit SHOROC’s Economy Id site.

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Jobs Filled by Locals Back to top

Key Indicators

Percentage of jobs within the SHOROC Region that are filled by SHOROC residents: ‘Employment Self – Sufficiency’.

Target (SHOROC Region)

Maintain or increase the current percentage of jobs within the SHOROC Region that are filled by SHOROC residents.

What is the current situation/trend?

off-track Indicator is off-track

A high 76.6 % of available jobs within the SHOROC Region are filled by SHOROC residents, based on the Census Question: “For the main job held last week, what was the person’s workplace address?”. This has reduced since 2006.

Residential(a) location of workers in Shore Regional Organisation of Councils

 

2006

 

2011

 

 

Number

Percent (%)

Number

Percent (%)

Live and work within the SHOROC region

62,758

78.2

64,811

76.6

Live outside, but work within the SHOROC region

17,521

21.8

19,778

23.4

Total jobs/workers in the SHOROC region

80,279

100.0

84,589

100.0

Source: Source: Australian Bureau of Statistics, Census of Population and Housing 2011.

For more vsit SHOROC’s Profile Id site.

The SHOROC local labour force is an important resource for the local economy. Its characteristics inform us about the skills that are available locally and help identify what types of industry sectors could be further developed within the Region to encourage self-sufficiency.

Click here to view a detailed table that compares available Industry skills of SHOROC’s local labour force with the available jobs within the SHOROC Region by industry.

An analysis of the jobs held by the workforce in SHOROC Region in 2011 shows the three most popular industry sectors were:

  • Retail Trade (11,572 people or 13.7%)
  • Health Care and Social Assistance (10,120 people or 12.0%)
  • Professional, Scientific and Technical Services (8,684 people or 10.3%)

In combination these three industries employed 30,376 people in total or 35.9% of the total workforce. (more…)

Businesses Operating in the Region Back to top

Key Indicator

SHOROC employment levels in each industry sector over time.

Target (SHOROC Region)

Report on changes in employment by industry sector over time.

What is the current situation/trend?

not available Indicator is stable

The top five SHOROC employment industry sectors have remained relatively steady between 2006 and 2012 as follows:

  Top Five SHOROC Industry Employment Sectors (June 2010) are:
Industry Type %  Share of Total SHOROC Employment (June 2012) %  Share of Total SHOROC Employment (June 2010) %  Share of Total SHOROC Employment (2006)
1. Retail Trade 13.9% 13.8% 12.9%
2. Construction 10.9% 10.8% 11.3%
3. Health Care and Social Assistance 9.9% 11.3% 11.4%
4. Accommodation & Food Services 9.4% 8.5% 9.5%
5. Education & Training 9.0% 8.5% 6.9%
Total Employment: 53.1% 52.9% 52.0%

 

The top three growth industries between 2006 to 2012 are:

Top Three Growth Industries between 2006 to 2012
Industry Type Employment Growth in Job Numbers
1. Education and Training 2,792 jobs
2. Wholesale Trade 2,152jobs
3. Professional, Scientific and Technical Services 2,072 jobs

 

The top three industries that have experienced a decline in employment between 2006 to 2010 are:

Top Three Declining Industries between 2006 to 2012
Industry Type Employment Decline in Job Numbers and % Decrease
1. Manufacturing -824 jobs
2. Health Care & Social Assistance -807 jobs
3 Transport, Postal and Warehousing -579 jobs

industries graph

Click here to view detailed information on all changes in employment by Industry Sector in the SHOROC Region (2006), as summarised in the above tables.

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