Skill shortages in Australia
The Australian Government defines skill shortages as follows:
A skill shortage exists when employers can’t fill vacancies in an occupation or in a specialisation of that occupation. For this definition to hold true, the vacancies must reflect current levels of pay and standard employment conditions and must exist in a geographical location that is reasonably easy to access.
Why do skill shortages occur? Skill shortages can occur for a variety of reasons.
- Cyclical economic shifts, Australia is increasingly exposed to fluctuations in the global economy. As a result, the number of job openings shifts up or down.
- Regional mismatches, skilled personnel may be in short supply in a particular region.
- Training levels, there may be a low number of qualified workers with specialised skills.
- Labour market restructuring, the introduction of new technology, or changes to the structure of the economy can lead to rapid changes in the demand for an occupation, creating a sudden oversupply or shortfall of qualified people.
While demand for particular skills is useful to take into account, it is necessary to understand that the labour market can change quickly. What are the current skill shortages? Visit The Australian Government Department of Employment
Australian Long Term Unemployment Conference will be held on 18-19 August 2014, QT Hotel Surfers Paradise. The 2 day conference will feature keynote presentations and 4 streams on long term unemployment issues, please click on the link for the Preliminary Program Released. For more information about the conference please visit the website www.longtermunemployment.org.au or call the conference secretariat on (61 7) 5502 2068. Please note the Early Bird ends on the 7th July 2014
There will be presentations at the Australian Long Term Unemployment Conference on skills shortages and jobs creation