Job Market Monitor
Australia
Australia – Rio close may Gove mine: 1400 jobs lost
Rio Tinto may close its Gove alumina mine in an effort to cut costs globally. The decision follows the miner’s announcement it would slash jobs at the site. At the time Frank Willsdon, Pacific’s general manager, explained that Rio is looking at ways to operate the site with fewer people. “Steadily over time, we [want … Continue reading
Australia – India: SkillsDMC to train 500 million people for NSDC
Australia’s industry skills council SkillsDMC has signed an agreement with India’s NSDC to impart training to 500 million people in key industry areas by 2022. SkillsDMC has signed an MoU with Indian counterpart National Skills Development Corporation (NSDC) to support the establishment of the Indian Sector Skills Council for mining. It will also provide for … Continue reading
Studying beyond age 25 – The case of Australia
Why should we keep studying beyond our mid-20s? ask Michael Coelli, Domenico Tabasso and Rezida Zakirova in Studying beyond age 25: who does it and what do they gain? (Adapted excerpts by JMM to follow) After all, education and training at a younger age provide for the longest period over which the return on the … Continue reading
Australia – Industry skills councils a barrier to institutional progress
TERTIARY education policy is far too influenced by the institutionalised status quo rather than by principle. A classic case is relations between vocational and higher education. Vocational education was identified with TAFE institutes and higher education with universities from the mid-1970s until the mid-2000s. Since then the number and types of vocational and higher education … Continue reading
Australia – Mt Gibson Iron cuts 270 mining jobs
Mt Gibson Iron will cut 270 jobs from its mining operations in Western Australia in a bid to cope with volatile commodity prices. The company says most positions will be slashed from its Koolan Island operations off the Kimberley coast. It is believed 140 of those positions will be contractors. In the company’s quarterly report … Continue reading
Autralia – Another Qld coal miner to cut 400 jobs
A central Queensland coal mining company has announced it will cut more than 40 per cent of its workforce to try and cope with declining market conditions. Ensham Resources says the workforce at its open cut operations near Emerald, west of Rockhampton, will be cut from 900 to 500. It says the vast majority of … Continue reading
Australia – Governmental frontline services hit
PUBLIC servants in temporary positions were cut by the Newman Government despite internal warnings about the impact on frontline services. Documents obtained by The Courier-Mail under Right to Information laws have for the first time given revealing insights into the kinds of positions that were cut. Rather than desk-bound Brisbane bureaucrats being axed, the documents … Continue reading
Australia – In what ways can Lifelong Learning continually enhance employment prospects?
Lifelong Learning (LLL) and Employment Prospects: An Australian case by Allie Clemans, Anne Newton, Robbie Guevara and Sally Thompson try to answer the headline question, “In what ways can LLL continually enhance employment prospects?” The Australian case study has been guided by two objectives: 1. Identify the relationship between LLL and employment prospects in policy and practice; and, 2. Document existing … Continue reading
Australia and China Job Markets Sharing Destiny
The last time Australia was mired in recession, Boris Yeltsin had yet to stand on a tank in Moscow, and the Clinton era hadn’t begun. In 1991, Australian trade with China was a modest A$3.6 billion (about the same in U.S. dollars). In the preceding decade unemployment had averaged 7.8 percent, as Australia struggled to … Continue reading
Australian Mining Jobs Decline
Mining sector employs 270,600 or 2% of total 11.5 million employed in Australia and has been struggling in the last few months with the strong dollar, rising costs and China’s desire to slowdown its economic growth. The sector in the last financial … http://www.123jump.com/australia/market-update/Australian-Mining-Jobs-Decline,-Fortescue-Debt-Worries-Weigh-on-Markets/50217/
Australia – Unemployment rate drops
Australia’s unemployment rate unexpectedly dropped in August, giving a boost to the country’s currency, though analysts said the data actually point to softness in the labor market. The country’s jobless rate decreased 0.1 percentage point to 5.1% in August, the Australian Bureau of Statistics reported Thursday. Economists had been expecting the jobless rate to hit … Continue reading
Australia maturing labour force trends
Australia’s mature-age workforce is on the up and up, with the latest Treasury calculations showing that the nation’s employers are increasingly retaining more older workers. New employment and participation rate figures, released by federal Treasurer Wayne Swan at a conference in Sydney yesterday, reveals a steady growth in employment and participation rates among people aged … Continue reading
Fortescue Metals – Hundreds of jobs cut
Iron ore miner Fortescue Metals has shelved $1.57 billion of expansion plans and cut hundreds of workers’ jobs, in a further sign that the peak of the mining boom may have passed. Fortescue, founded by billionaire Andrew Twiggy Forrest, blamed the cuts on uncertainty over the spot iron ore price which has fallen rapidly amid … Continue reading
Australia – Troubled Times For Tourism
The latest national study by the Tourism and Transport Forum says that Australian tourism industry will have tough time trying to compete with Asian rivals. As tourists flock to Australia in record numbers, the industry is facing a critical shortage of skilled workers while investors are hitting a brick wall when getting finance from banks. … Continue reading
Autralia – SkillSelect to invite skilled workers
In July the Department of Immigration and Citizenship (DIAC) announced changes to Australian Skilled Migration. Now, overseas skilled workers who are interested in migrating permanently to Australia are invited to complete an Expression of Interest (EOI) via the DIAC SkillSelect website , which includes providing some information regarding their skills and experience. Since the website … Continue reading
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