The most recent labour market statistics lay bare the extent of the job vacancies crisis facing Australia. In the September quarter of 2022: Some 495,000 jobs were vacant.
Australia's population is ageing, with a significant portion of the workforce set to retire in the next decade. This means that many businesses are struggling to find qualified workers to replace retiring employees.
Lack of local experience
Most employers in Australia will select candidates who have at least 1 – 2 years of Australian working experience. This makes it tough if you're from overseas.
Labour Force, Australia
unemployment rate remained at 3.5%. participation rate remained at 66.8%. employment increased to 14,045,800. employment to population ratio remained at 64.5%.
According to the report, skill shortages remain the single biggest inhibitor to business growth in Australia, at 44%. This is ahead of categories like limited access to finance, limited demand for products and services and supply constraints.
A new quarterly Labour Market Update report from Jobs and Skills Australia (JSA) lists new data on the top 20 occupations in demand nationally. Topping the list, is a diverse mix of occupations, including health care, digital, construction and engineering professionals, as well as traditional trades workers.
Australians are putting in some of the longest working hours in the world with one in five putting in at least 45 hours a week.
It can be quite hard for a foreigner to get work in Australia if they are not prepared to be flexible. To secure a job, you may need to consider taking a lower-level position, or retrain to a field that is in demand. Once you have an Australian job, you can use it as a basis to prove your skills and experience.
Looking for the easiest place in Australia to find a job? As of October 2022, the answer is Canberra! That's according to the Australian Bureau of Statistics, which releases its figures for vacancy rates around Australia every quarter.
Australia's fastest-growing jobs have been revealed, with IT and engineering roles dominating the list. LinkedIn has released its 2023 Jobs on the Rise list, which analysed LinkedIn member data from January 2018 to July 2022 to find the jobs experiencing the biggest growth rates.
The COVID-19 pandemic has resulted in a substantial increase in labour market underutilisation, with more people wanting a job, or to work more hours, than employers need. While the economic outlook is highly uncertain, it is likely that the unemployment rate will remain elevated for a number of years.
Melbourne, Victoria
Melbourne is the second-most populous city in Australia. Expats love to move to Melbourne because it is one of Australia's most diverse and welcoming cities. There is a massive availability of job opportunities, and the unemployment rate is meagre.
A recent study by Business Name Generator probes Malta as the hardest-working country out of 150 other nations. The analysis found that the average paid work hours per week in Malta is 42.8, with 91.1% of workers putting in 49 or more hours per week.
New research from job site Indeed found 72 per cent of employed Australians said they had felt unhappy at work in the past 12 months, while 41 per cent of working-age Australians said work was one of the main sources of stress in their everyday life.
Australia is still suffering from a full year of international travel restrictions. Net overseas migration – which accounts for people who have arrived in or departed from Australia for longer than 12 months – was a net outflow of 88,800 people for the 2020‑21 financial year.
In most areas of Australia, an income of AUD 100,000 will be more than enough to cover basic expenses. A salary of $80,000 to $100,000 is sufficient to maintain a comfortable standard of living in Sydney and other major Australian cities. It's above the norm in that respect.