Job Market Monitor
Australia
Talent Gap in Startups in Australia – Some highly-skilled positions serve as bottlenecks for growth
Talent is an important part of any business. For tech businesses, where high value products are created almost exclusively from human intellectual capital, talent is particularly critical. A shortage of talent therefore risks severely limiting growth in any emerging tech sector. People with the skills and experience necessary to rapidly grow a startup from a … Continue reading
Basic Skills in Australia – 99 per cent of employers are affected in some way by low levels of literacy and numeracy in their workforce
A new report released today by the Australian Industry Group has identified critical skill issues facing Australian businesses with 75 per cent of employers reporting skill shortages and 99 per cent are impacted by low levels of literacy and numeracy. These significant findings from the Australian Industry Group’s 2018 Workforce Development Needs Survey Report come … Continue reading
The Fourth Industrial Revolution and VET – The case of Australia
Much discussion has occurred about the impact that technological disruption will have on the Australian workforce. A recent paper by the National Centre for Vocational Education Research (NCVER), Skilling for tomorrow (Payton 2017), examines the various ways by which the growth in technological advance is reshaping the labour market, workforce and jobs.Despite uncertainty about the … Continue reading
Unemployed Older Workers in Australia – Employers are cautious about candidates referred by public employment services – especially mature age jobseekers
Australia’s publicly funded employment services are not working particularly well for mature age jobseekers. The rate of long-term unemployment among those aged over 45 is relatively high. In a changed labour market and with an ageing population, understanding the attitudes and needs of employers is vital to assisting unemployed older Australians get and keep jobs. … Continue reading
Immigration in Australia – Locally-led migration strategies to better meet rural labour needs
In 151 regional LGAs across the country, the numbers of overseas-born residents are increasing, while the number of Australian-born residents is decreasing. The vast majority (113) of these 151 LGAs are rural. Population loss means there are still labour shortages in many rural areas. More needs to be done to enable rural communities to attract … Continue reading
Immigration – Points-based admission is less effective than the employer sponsored program research finds
This paper has examined the causal relationship between earnings and high skilled migration inflows under two central selective policies: employer sponsored admission and the points- tested scheme. We attempted to isolate the endogeneity by instrumenting average local area worker earnings with time series variations in global commodity prices, interacting with cross-sectional variation in the commodity … Continue reading
Immigration in Australia – Unions and business alliance oppose cuts
In a rare alliance, the Australian Council of Trade Unions, the Australian Industry Group and a suite of national peak bodies have said they collectively “affirm that Australia’s permanent migration program is essential to Australian society and economy and do not support any reduction to the scheme”. “Our permanent migration program has been central to … Continue reading
The Future of Work in Australia – The critical imperative is to ensure that workers – particularly low- skilled men – can access retraining and education opportunities
This sixth report in BCEC’s Focus on the States series looks at the changing nature of employment, the quality of work, and considers the role of technology in the jobs of the future. The report also sheds light on patterns of employment and hours worked across industry sectors, and brings empirical evidence to bear on … Continue reading
University-Educated Immigrants in Australia, Canada, and the US – Performance advantage in US
Recent years have seen a push in the U.S. and in a number of European countries, including the U.K. and Germany, for governments to adopt `point systems’ for screening prospective immigrants on human capital criteria. The appeal of a `points system’ reflects not only concerns about the potential adverse effects of unskilled migrant flows on … Continue reading
Skilled Immigration in Australia – The great majority of those visaed in the skill program are professionals, an increasing share of whom hold occupations that are oversupplied
As vexations flowing from record high net overseas migration mount, supporters of the permanent entry program have had to dig deeper to defend it. These supporters include the Treasury and the Reserve Bank as well as business and property interests. They say that any major cut to the migration program would put in jeopardy Australia’s … Continue reading
Australia – Transitioning Australia’s skills base requires a radical shift in the nation’s approach to on-the-job learning says Microsoft
Microsoft believes that equipping the nation to succeed in the digital age – and ensuring all Australians are carried along – must be an urgent national priority. Through the launch of our National Skills Program in 2018 and the practical directions contained in this report, we hope to lead a focused conversation with our partners … Continue reading
The Future of Work – Jobs matter and labour markets do not stand still
Jobs matter. For almost all of us, they are more than a source of income, extending to the provision of opportunities for social interaction; a source of self-esteem; or a feeling of contribution to a profession or community. From an economy-wide viewpoint, growing employment rates and higher labour market participation are primary sources of improved … Continue reading
Underemployment In Australia – Over 1 M people
Being underemployed can have a significant impact on the financial, personal and social lives of individuals. While there are some people who are entirely without work (e.g. the unemployed), there is also a growing number of people who are in work but who want more work (i.e. underemployed). These workers are likely to be competing … Continue reading
Apprenticeship in 8 Countries – Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa
This report presents the results of the analysis of apprenticeship in eight countries: Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa. The study used documentary analysis as its central methodological approach, citing, summarizing, synthesizing, analyzing and critically reflecting on existing literature and data produced by international organizations, government agencies, universities, and research institutions. … Continue reading
Australia – VET and employer training choices in 2017
Unaccredited training is training that does not lead to a nationally recognised qualification. The training activity must have a specified content or predetermined plan designed to develop employment-related skills and competencies. Informal training refers to training that usually occurs on the job through interactions with co-workers as part of the day-to-day work. Chosen excerpts by Job … Continue reading
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