5.1.8
Population projections
Profile.id estimates Clarence Valley resident population will increase from around 51,775 in 2020 to 60,735 persons by 2041. This represents a growth of around 9,000 persons or an annual growth rate of about 0.76% over the 21-year period. For reference the historical annual growth rate for the previous ten years was about 0.14%. To support this higher population growth, additional and improved access to retail, commercial, urban services and employment opportunism will be required. Table 8: Clarence Valley population projections Age cohort 2020 0-4
2021 2,702
2031 2,679
Change 2020-41
2041 2,837
2,950
248
% change 2020-41 9%
5-14
5,992
5,976
6,267
6,561
569
9%
15-49
17,558
18,584
19,961
20,922
3,364
19%
50-59
7,409
7,384
7,378
7,754
345
5%
60-69
8,352
8,483
8,510
8,815
463
6%
70-84
8,115
8,327
10,170
10,993
2,878
35%
85+
1,645
1,677
2,353
2,739
1,094
67%
51,773
53,110
57,476
60,734
8,961
17%
Total
Source: Profile.id April 2021
Clarence Valley’s population is forecast to continue to experience ‘ageing’ with an additional 3,970 residents aged 70 years and over, or about 44% of the additional population Despite this ’ageing’, residents aged between 15 and 49 years are projected to increase by around 3,365 persons or 38% of the net growth. While residents aged 50 to 69 years are only forecast to comprise about 9% of the projected growth. Increased employment opportunities for the wide range of ages and experience levels anticipated in the future Clarence Valley community will be crucial in ensuring an economically viable and sustainable Clarence Valley. Employment lands will play an important role in ensuring the opportunity and diversity of jobs for this future working population. For example, applying the 2016 labour force participation rate to the forecast number of residents over 15 years between 2020 and2041, it is estimated that around 3,715 additional residents would be in the labour force (working or unemployed looking for work). At Clarence Valley’s current containment rate of these additional residents in the labour force, around 3,230 would seek employment in Clarence Valley. The LAGs employment land would provide a significant role in accommodating these jobs.
5.2
Employment characteristics
Employment refers to persons aged 15 years and over working in Clarence Valley LGA regardless of their place of usual residence. 5.2.1
Terminology
In line with the Greater Sydney Commission’s (GSC) employment categories, in some sections in this chapter and preceding chapters, employment industries have been aggregated into four broad industry codes (BICs). These
P22016 Clarence Valley Employment Lands Background
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