From Ross Gittins in the Sydney Morning Herald:
‘Rise in employment all part of the service sector….. Population growth is slower because fewer Kiwis are coming to Oz and more are going back home where, for the moment anyway, the economy’s prospects are brighter. As well, the end of the mining construction boom means fewer workers and their families are coming in under temporary 457 visas. If the economy’s potential growth rate is lower, that means we can stabilise unemployment at a lower rate of actual growth.
‘How population growth can make us worse off. …. Just about every economist, politician and business person is a great believer in a high rate of immigration and a Big Australia. But few of them think about the consequences of that attitude – which does a lot to explain our economic problems.
#SydneyMoriningHerald #Unemployment #Immigration
More recently in Oz at an ACOSS conference via ABC RN Big Idea ‘Jobs of the Future‘, the real issue was highlighted, although significant unemployment, it’s more to do with the mismatch in skills needed for employment now, and the disconnect of the education and training sector with industry (ditto EU, churning out law, economics, arts etc. graduates for ‘white collar’ careers that no longer exist….)
The advice for anyone young wanting middle class mobility, or wishing to retrain, don’t just listen to your friends/family and enroll in higher education for vague outcomes, but do apprenticeships, vocational education and training; more from New York Times ‘A New Look at Apprenticeships as Path to the Middle Class‘.
For more information about employment, work and jobs in Australia click through here http://aiec.hu/en/australian-employment-work-jobs