City of Prospect

Jobs to workers ratio

The jobs to residents ratio for the City of Prospect in 2023/24 was 0.55, meaning that there were less jobs than resident workers. Information Media and Telecommunications had the highest ratio (1.91), while the lowest ratio was found in Agriculture, Forestry and Fishing (0.07).

A goal of economic development is often to maximise the employment opportunities locally, leading to a more socially and environmentally sustainable community.

Employment capacity is a simple way of looking at whether the City of Prospect could theoretically provide jobs for all its residents if they were to choose to work locally.

Employment capacity is simply the number of local jobs in an industry, divided by the number of local residents employed (anywhere) in that industry. A figure over 1.0 means there are more jobs available than residents employed in that industry. Under 1.0 means there are more residents employed than jobs available in that sector.

This is a theoretical exercise as, even if there are enough jobs provided locally, there will always be some people who choose to commute out of the area.

Employment capacity data should be viewed in conjunction with Employment self-containment and Residents place of work data, which provides detail about the actual proportion of residents working locally, and Gross Regional Product and Worker productivity data which shows the economic contribution of residents and workers.

Data source

National Economics (NIEIR) - Modelled series

Comparison year:
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Employment capacity by industry
City of Prospect2023/242018/19
IndustryLocal jobsEmployed residentsRatio of jobs to residentsLocal jobsEmployed residentsRatio of jobs to residents
Agriculture, Forestry and Fishing81170.0741050.04
Mining5760.071700.02
Manufacturing1448630.171677740.22
Electricity, Gas, Water and Waste Services622810.22242030.12
Construction6701,0980.616469670.67
Wholesale Trade962830.341013110.32
Retail Trade1,2361,2680.971,2481,1181.12
Accommodation and Food Services7298490.866538770.74
Transport, Postal and Warehousing734630.16904700.19
Information Media and Telecommunications4402311.914092901.41
Financial and Insurance Services1494400.341173930.30
Rental, Hiring and Real Estate Services2131901.121821950.93
Professional, Scientific and Technical Services4171,3870.303781,1240.34
Administrative and Support Services2284370.522583790.68
Public Administration and Safety2291,0630.222281,0180.22
Education and Training6601,3160.506151,2680.49
Health Care and Social Assistance1,6152,6700.601,0311,9510.53
Arts and Recreation Services1112740.40872100.41
Other Services4544720.963904210.93
Total industries7,54013,7770.556,62912,1430.55

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more.

Please refer to specific data notes for more information
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City of Prospect

economic profile