Workforce Plan 2024

The finance, technology and business industries are thriving, creating new jobs and contributing more to the economy.

However, changes across the industries are reshaping the skills required.

This creates opportunities for people from diverse backgrounds to secure meaningful work.

The Workforce Plan 2024 sets out an agenda for action to help ensure finance, technology and business vocational education and training reflects the needs of the economy.

See what the plan means for you and your organisation.

Detailed Workforce Plans by Industry

Key Points

596,789 employed
4.7% of the national workforce
<1% of the workforce identify as having a disability.
<1% of the workforce identify as a First Nation’s person.
The industry is thriving, creating new jobs and contributing more to the economy.
New technology, legislation and regulations are driving changes, reshaping the skills required.
This creates opportunities for people from diverse backgrounds to secure meaningful work.

Key Points

338,277 employed
2.7% of the national workforce
<1% of the workforce identify as having a disability.
<1% of the workforce identify as a First Nation’s person.
Jobs are growing three times faster than other industries.
Digitalisation, automation and artificial intelligence are driving growth, reshaping the skills required.
This created opportunities for people from diverse backgrounds to secure meaningful work.

Key Points

526,549 employed
4.1% of the national workforce
55.7% of the workforce are women.
1.1% of the workforce identify as having a disability.
1.6% of the workforce identify as a First Nation’s person.
The industry is growing, notably the professional, scientific and technical services sub-sector.
Technology is changing the industry, reshaping the skills required.
This creates opportunities for people from diverse backgrounds to secure meaningful work.

The 2024 Workforce Plan adopts an industry-centric approach to workforce planning. It should also be read in conjunction with the Initial Workforce Plan which focuses on finance, technology and business occupations irrespective of the industry in which they occur.

Separate reports are also available detailing the results and outputs from the Stakeholder Survey Report, and the FSO National Forum. Also read the ‘Impact of generative AI on skills in the workplace’ examining the impact of this emerging technology on finance, technology and business training products.

We welcome your feedback at [email protected]