OUTLOOK - Grow Wellington

124Largest andfastest-growingindustriesThis section presents the largest and fastest-growingindustries in the Wellington region in terms of employment,GDP and business size 5 . Considering the size of thepopulation and workforce in the Wellington region,the analysis only covers industries that had over 100FTEs, 35 business units or GDP of over $175 million in 2007.4.1 EmploymentTable 4.1 presents the ten industries that employed the mostFTEs within the Wellington region in 2007.The business services industry ranked top of the listwith almost 37,000 FTEs, making up 17% of total FTEs.Three of the top five industries are from the social servicessector, namely, government administration, education, and healthservices. These industries account for around 22% of total FTEs inWellington. Construction trade services are also one of the largestemployers, with 10,182 FTEs employed in 2007. The top fiveindustries in terms of FTEs employ 43% of all FTEs in the region.Ranked in sixth to tenth place are personal and household goodretailing (4.5%), accommodation, cafes, and restaurants (4.4%),food retailing (3.5%), other services (3.5%), and finance (3.2%).The business services industry ranked top on the listwith almost 37,000 FTEs, making up 17% of total FTEs.Table 4.1 Largest industries by employment, 2007Employment (FTEs)Rank by FTEs Industry 2007 % of total1 Business Services 36,959 16.8%2 Government Administration 21,073 9.6%3 Education 14,697 6.7%4 Health Services 12,797 5.8%5 Construction Trade Services 10,182 4.6%6 Personal and Household Good Retailing 9,921 4.5%7 Accommodation, Cafes and Restaurants 9,784 4.4%8 Food Retailing 7,651 3.5%9 Other Services 7,625 3.5%10 Finance 6,982 3.2%Source: BERL Regional Database, Statistics NZ5Industry names (at the 53-industry level) are those used in the Australia New Zealand StandardIndustrial Classification (ANZSIC) New Zealand version, as published by Statistics New Zealand.