Forecast: Tourism Direct Employment in Australia

The tourism direct employment in Australia has exhibited a variable trend over the past decade. From 2013 to 2019, there was a general growth pattern interrupted by a dip in 2019. The COVID-19 pandemic severely impacted the sector in 2020, reducing employment substantially. However, the market rebounded strongly in 2021 and continued its recovery into 2022 and 2023, with a significant 5.88% increase in 2023 where employment stood at 5.4% of total employment. The compound annual growth rate (CAGR) from 2018 to 2023 was 0.37%, indicating moderate recovery.

Future trends to monitor include:

  • The forecasted steady growth with a predicted CAGR of 0.73% over the next five years, pointing towards a recovery phase.
  • Possible impacts of global economic conditions, geopolitical stability, and future pandemics on the tourism sector.
  • Government policies and investment in tourism infrastructure, which could further influence employment rates in the industry.

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