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The Gascoyne has a diverse and stable economy based on tourism, fishing, mining, horticulture and pastoralism. The biggest employing industry sector in the Gascoyne is agriculture, forestry and fishing industry. There are a large number of horticultural properties in Carnarvon, pastoral stations in the inland Gascoyne and a wide range of fisheries in Shark Bay, Carnarvon, Coral Bay and Exmouth.
There are many opportunities opening up including fly in fly out mining jobs from Carnarvon to the West Pilbara and Indigenous and nature based tourism opportunities in the inland Gascoyne and coastal areas.
Like the rest of Australia, the Gascoyne suffers from skill shortages in the majority of these industries. Skill shortages range from semi to unskilled seasonal workers for the horticultural, fishing and tourism industries to qualified trades people for small business.