{"id":102385,"date":"2025-03-12T09:30:00","date_gmt":"2025-03-11T22:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=102385"},"modified":"2025-03-12T00:38:51","modified_gmt":"2025-03-11T13:38:51","slug":"job-seekers-are-rising","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/job-seekers-are-rising\/","title":{"rendered":"Job Seekers Are Rising, but Australia\u2019s Labour Gaps Remain"},"content":{"rendered":"\n

Despite widespread claims of labour shortages in Australia, new reports suggest the issue is not a lack of applicants but a shortage of candidates with the right qualifications. <\/p>\n\n\n\n

While migration has historically been viewed as a solution to workforce gaps, evidence indicates that many skilled migrants are underemployed, raising questions about the effectiveness of the system.<\/p>\n\n\n\n

Australia\u2019s labour market is witnessing an increasing number of job <\/a>applications, yet hiring managers continue to report difficulties in finding suitable candidates. <\/p>\n\n\n\n

At the same time, research suggests that many skilled migrants, who are expected to fill critical roles, are instead working in positions below their qualifications.<\/p>\n\n\n\n

Job Applications Surge, but Hiring Challenges Persist<\/h2>\n\n\n\n

A report from JobAdder <\/a>revealed that job applications in Australia rose by 47% in 2024, resulting in a record-high average of 41 applicants per job in the fourth quarter of the year. <\/p>\n\n\n\n

Similarly, SEEK\u2019s employment report found a substantial increase in applications per job advertisement, contradicting the notion that labour shortages stem from a lack of interest.<\/p>\n\n\n\n

Despite these trends, Hays Recruitment reported that 85% of hiring managers<\/strong> still struggle with skill gaps. The issue, according to economist Greg Jericho, lies not in the number of applicants but in the lack of candidates who meet the required qualifications.<\/p>\n\n\n\n

Moreover, the shift towards temporary employment has intensified uncertainty among job seekers. JobAdder noted that 81% of placements<\/strong> in 2024 were temporary roles rather than permanent positions, potentially limiting career progression and job stability.<\/p>\n\n\n\n

Skilled Migration Failing to Meet Expectations<\/h2>\n\n\n\n

While Australia\u2019s skilled migration program is designed to address workforce <\/a>shortages, data suggests it is not delivering the intended results. <\/p>\n\n\n\n

According to the Committee for Economic Development of Australia<\/strong> (CEDA), skilled migrants are frequently underemployed, earning significantly less than Australian-born workers and often working in jobs beneath their skill level.<\/p>\n\n\n\n

Further research from Deloitte Access Economics found that 44% of permanent migrants were employed in roles below their qualifications in 2023, with an estimated 621,000 skilled migrants underutilised. <\/p>\n\n\n\n

Adelaide University\u2019s George Tan<\/strong> also reported that 43% of skilled migrants who entered through state-sponsored visas were not working in their designated occupation.<\/p>\n\n\n\n

The federal government\u2019s 2023 Migration Review further highlighted that more than half (51%) of overseas-born university graduates with bachelor\u2019s degrees were in unskilled employment three years after graduation. <\/p>\n","protected":false},"excerpt":{"rendered":"

Australia\u2019s job market is more competitive than ever, with applications soaring. Yet, employers continue to struggle to find the right candidates. Could a skills mismatch be the real issue? A closer look reveals why the labour crisis might not be what it seems.<\/p>\n","protected":false},"author":10,"featured_media":102388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-102385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employment","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=102385"}],"version-history":[{"count":4,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102385\/revisions"}],"predecessor-version":[{"id":102406,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/102385\/revisions\/102406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/102388"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=102385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=102385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=102385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}