Full-time equivalent (FTE) employment is modelled by NIEIR and takes into account differences in hours worked between industry sectors. It is a measure that allows direct comparison of employment between industries in Meander Valley Council.
Typically, industries such as Retail Trade and Accommodation and Food Services, which employ many part-time workers, have lower FTE employment than total employment.
FTE employment is calculated directly by dividing the total hours worked in each industry by 38. By comparing the number of full-time equivalent jobs in each industry sector to a regional benchmark, you can clearly see the structure of Meander Valley Council's economy. This can be done by directly comparing the area to its benchmark, or by using a location quotient to look at the relative size of industries.
FTE employment should be viewed in conjunction with Employment by industry (Total) and Employment by industry (Census), for a full understanding of the industry breakdown in the area. Worker productivity data shows the value of a worker in each industry to the local economy. Employment locations shows where employment is taking place in each industry sector.
Data source
National Economics (NIEIR) - Modelled series
Current benchmark:
Comparison year:
| Full-time equivalent employment by industry sector | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Meander Valley Council | 2023/24 | 2018/19 | Change | ||||||
| Industry | Number | % | Tasmania | Number | % | Tasmania | 2018/19 - 2023/24 | ||
| Agriculture, Forestry and Fishing | 921 | 16.8 | 5.6 | 962 | 18.4 | 6.3 | -40 | ||
| Mining | 86 | 1.6 | 2.9 | 155 | 3.0 | 3.5 | -69 | ||
| Manufacturing | 799 | 14.5 | 7.6 | 520 | 10.0 | 8.0 | +278 | ||
| Electricity, Gas, Water and Waste Services | 77 | 1.4 | 2.2 | 30 | 0.6 | 1.9 | +47 | ||
| Construction | 789 | 14.3 | 10.0 | 599 | 11.5 | 10.0 | +190 | ||
| Wholesale Trade | 250 | 4.5 | 2.5 | 168 | 3.2 | 2.6 | +82 | ||
| Retail Trade | 376 | 6.8 | 8.2 | 408 | 7.8 | 8.8 | -32 | ||
| Accommodation and Food Services | 312 | 5.7 | 5.8 | 317 | 6.1 | 6.1 | -5 | ||
| Transport, Postal and Warehousing | 202 | 3.7 | 4.8 | 206 | 3.9 | 4.7 | -4 | ||
| Information Media and Telecommunications | 28 | 0.5 | 1.2 | 21 | 0.4 | 1.4 | +7 | ||
| Financial and Insurance Services | 18 | 0.3 | 1.9 | 21 | 0.4 | 2.0 | -3 | ||
| Rental, Hiring and Real Estate Services | 40 | 0.7 | 1.3 | 37 | 0.7 | 1.5 | +3 | ||
| Professional, Scientific and Technical Services | 168 | 3.1 | 5.9 | 141 | 2.7 | 5.3 | +27 | ||
| Administrative and Support Services | 139 | 2.5 | 2.3 | 98 | 1.9 | 2.1 | +41 | ||
| Public Administration and Safety | 162 | 2.9 | 7.4 | 183 | 3.5 | 7.2 | -21 | ||
| Education and Training | 344 | 6.3 | 9.2 | 295 | 5.7 | 8.6 | +49 | ||
| Health Care and Social Assistance | 421 | 7.7 | 15.8 | 529 | 10.1 | 13.8 | -108 | ||
| Arts and Recreation Services | 246 | 4.5 | 1.7 | 382 | 7.3 | 2.3 | -136 | ||
| Other Services | 120 | 2.2 | 3.7 | 144 | 2.8 | 3.8 | -24 | ||
| Total industries | 5,499 | 100.0 | 100.0 | 5,216 | 100.0 | 100.0 | +283 | ||
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 | |||||||||
Dominant groups
An analysis of the jobs held by the full-time equivalent local workers in Meander Valley Council in 2023/24 shows the three largest industries were:
- Agriculture, Forestry and Fishing (921 people or 16.8%)
- Manufacturing (799 people or 14.5%)
- Construction (789 people or 14.3%)
In combination these three fields accounted for 2,509 people in total or 45.6% of the local workers.
In comparison, Tasmania employed 5.6% in Agriculture, Forestry and Fishing; 7.6% in Manufacturing and 10.0% in Construction.
The major differences between the jobs held by the full-time equivalent local workers of Meander Valley Council and Tasmania were:
- A larger percentage of full-time equivalent local workers employed in Agriculture, Forestry and Fishing (16.8% compared to 5.6%)
- A smaller percentage of full-time equivalent local workers employed in Health Care and Social Assistance (7.7% compared to 15.8%)
- A larger percentage of full-time equivalent local workers employed in Manufacturing (14.5% compared to 7.6%)
- A smaller percentage of full-time equivalent local workers employed in Public Administration and Safety (2.9% compared to 7.4%)
Emerging groups
The number of full-time equivalent local workers in Meander Valley Council increased by increased by 283 between 2018/19 and 2023/24.
The largest changes in the jobs held by the full-time equivalent local workers between 2018/19 and 2023/24 in Meander Valley Council were for those employed in:
- Manufacturing (+278 full-time equivalent local workers)
- Construction (+190 full-time equivalent local workers)
- Wholesale Trade (+82 full-time equivalent local workers)
- Education and Training (+49 full-time equivalent local workers)