Territory Stories

Budget Paper No5 Northern Territory Economy 1998/99

Details:

Title

Budget Paper No5 Northern Territory Economy 1998/99

Other title

Tabled Paper 382

Collection

Tabled papers for 8th Assembly 1997 - 2001; Tabled papers; ParliamentNT

Date

1998-04-28

Description

Tabled by Michael Reed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/295415

Citation address

https://hdl.handle.net/10070/395002

Page content

during the early 1990s recession, has now been completed. Employment estimates exclude members of the permanent defence forces and therefore do not encompass the ongoing expansion of the defence force presence in the Territory. At January 1998, there were 4 500 defence force personnel based in the Territory, representing an increase of 1 170 since June 1996 and 1 930 since June 1992. A significant and increasing proportion of Aboriginal and Torres Strait Islanders in the Territory are employed under the Community Development Employment Projects (CDEP) program. This program is administered by the Aboriginal and Torres Strait Islander Commission. Participants in the CDEP program partake in development initiatives in their community in return for a wage equivalent to the unemployment benefit. There were approximately 7 285 CDEP participants at 31 December 1997, and this acounted for 8.5% of total employment figures. In 1997, overtime hours worked per employee and the percentage of employees working overtime in the Territory decreased by 17.0% and 2.8% respectively, compared to 1996. This is consistent with the increase in the level of employment. It suggests that increased business confidence has resulted in employers engaging new employees rather than extending the hours worked by existing employees. Consistent with this, the national average number of overtime hours worked per employee in 1997 decreased by 1.8% and the percentage of employees working overtime increased very marginally. Skilled job vacancies decreased by 17.7% during 1997, back to more stable levels after significant growth in vacancies in both 1995 and 1996. There remains a skill shortage in the Territory for medical and skilled tradespeople, indicative of a general skills shortage. Nationally, skilled job vacancies increased by 4.4% over the same period. In 1997, Wholesale and Retail Trade, Accommodation and Recreational Services, and Personal and Other Services accounted for over a third of the Territory's total employment due to the rapid growth of the service industries in recent years and the 26 Northern Territory Economy -10 -6 -2 2 6 Total Full-time Part-time Northern Territory Australia % Figure 5.2 EMPLOYMENT GROWTH (Annual change in 1997-98) Source: ABS Cat. Number 6202.0, NT Treasury estimate NT AUST INDUSTRY % % Wholesale and Retail 19.3 20.5 Community Services 15.9 16.2 Public Administration and Defence 11.3 4.2 Accommodation and Recreation 8.7 7.2 Construction 7.1 6.9 Property and Business Services 7.0 10.2 Transport and Communication 7.0 6.5 Mining 3.8 1.0 Manufacturing 3.8 13.5 Rural Industries 3.2 5.2 Finance 2.2 3.7 Personal and Other Services 10.4 4.0 Electricity, Gas & Water 0.4 0.8 Table 5.1 EMPLOYMENT BY INDUSTRY Source: ABS Cat. No. 6202.0, 1997


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