More teachers and more deaths: 2020 employment projections

#1 growth industry continues to be Health
Care and Social Assistance  : HCSA
is projected to make the largest contribution to employment growth
(increasing by 250,200). Factors contributing to this strong
projected growth include the implementation of the National
Disability Insurance Scheme, Australia’s ageing population, and
increasing demand for childcare and home based care services.
Employment growth in this industry is likely to favour part-time and
female workers.  
 

#2 growth industry: Professional,
Scientific and Technical Services  
is projected to increase total employment by 151,200 (or 14.8%) over
the five years to November 2020. Although the passing of the
resources boom is expected to dampen employment growth in the
Architectural, Engineering and Technical Services  sector, which
has increased by 29.1% over the past five years to 308,100, strong
housing construction activity and infrastructure investment and a
positive contribution from the lower Australian dollar are expected
to enable the sector to increase employment by 60,100 (or 19.5%)
over the five years to November 2020.  
 

Historically low interest rates and lower
AUD$ helps tourism  : Retail
Trade   (up by 106,000 or 8.4%) and Accommodation and Food
Services  (up by 98,800 or 12.0%) will both benefit from these
trends over the next five years. The Cafes, Restaurants and
Takeaway Food Services   sub-sector is expected to lead the way in
employment growth creating 84,300 jobs (or up 14.9%). In Retail
Trade, employment growth is expected to be particularly strong in
the Hardware, Building and Garden Supplies   Retailing sector
over the five years to November 2020 (up by 14,300 or 15.6%).  
 

Construction industry bounces back from
mining slowdown  : Construction
industry employment is projected to grow by 87,000 (or 8.3%) over
the five years to November 2020. Following several years of subdued
growth, employment in Construction has increased by 69,400 (or 7.1%)
over the past three years, against the backdrop of a strong rise in
residential building construction and historically low interest
rates, both of which are likely to continue to support growth in the
industry into the period ahead.  
 

Motor Vehicle manufacturing shutdown leads
Manufacturing jobs decline  :
Employment in the industry projected to decline by 45,700 (or 5.3%)
over the five years to November 2020. This decline is expected to be
primarily driven by a projected fall of 27,500 jobs (or 58.3%) in
Motor Vehicle and Motor Vehicle Part Manufacturing  , following
the announced plant closures by Ford, Holden and Toyota.  
 

Mining jobs decline set to continue  :
 The fall is projected to be 31,900 jobs (or 14.1%) over the five
years to November 2020. After recording extremely strong employment
growth over much of the past decade, employment in the industry has
declined by 45,900 (or 16.9%) over the past two years, driven by
weakening growth in demand from China and cost cutting by firms in
response to a fall in the price of commodities.  
 

The Internet is not killing real estate
agencies  : The Property Operators
and Real Estate Services sub-sector is predicted to grow by 23,400
jobs (or 13.5%) over the five years to November, 2020.  
 

A lot more teachers required  :  
The Education and Training sector will
exceed 1 million employed for the first time. The largest growth in
actual jobs will come in the School Education sub-sector (49,100
extra jobs) while the highest percentage growth will come in the
Adult, Community and Other Education sub-sector (up 18.8% or 30,700
jobs).  
 

More deaths good for jobs  :
The Funeral, Crematorium and Cemetery Services sub-sector is
expected to increase total employment by 700 jobs (or 16.3%) in the
next five years.