Australia is struggling with a skill shortage. Australia’s employers are not completing as many jobs as struggling to find workers with specialized skills.
Deloitte recently released a report titled “The Way to Prosperity: Why the Future of Work is Human”. The report is a part of his Building the Lucky Country series. According to the report, the skill deficit in Australia is expected to reach 29 million by 2030.
According to the Australia Bureau of Statistics, 243,200 jobs are vacant in May 2019. This indicated an increase of 0.3% compared to February 2019.
The Dept. of Employment, Skills, Small & Family Business does regular research to identify the skill shortages in Australia. The Dept. releases the skill shortage occupation list at the national, state and regional levels.
The latest report released in late 2018 identifies the following employment facing a talent shortage:
- Automotive Trade: Businesses such as motor mechanic, electrician, vehicle painters are facing acute talent lack in Australia
- Engineering: Australia lacks civil, mechanical and electrical engineers
- Engineering trade: Businesses like machinists, aircraft maintenance engineers, metal fitters etc. are facing shortage of talent
- Food trade: bakers, chefs, pastry cooks, butchers etc. are struggling with lack of business talent
- Occupations like health professionals- speech therapist, optometrist, sonographer etc. are facing a skills shortage
Based on the lack of talent in various occupations, the Australian Government. Releases skilled occupation list. The Ministry of Home Affairs regularly updates the list to meet the demand of various businesses.