Part 1 Job Seekers see what the Australian Government are saying about the JOB Market for 2015
All Job Seekers should look at this Summary of the report from the Australian Government’s National Jobactive Forum, Employment Research & Statistics, dated 7th May 2015.
You can find complete details at: http://docs.employment.gov.au/node/34917
Employment has been growing, but remains below the long-term trend, which means that employers have fewer vacancies, and unemployment is increasing for Job Seekers.
Competition for lower skilled jobs has doubled and the competition is becoming more highly educated. The percentage of Bachelor Degree Graduates who found work within 4 months in 2008 was 85.2% and in 2014 it dropped to 68.1%. Job seekers are being left behind.
Click here to see details: Competition for Lower Skilled Jobs
Youth unemployment has increased by 13.7%, up from 8.8% in 2008 and is an increasing challenge for job seekers. In this report they say “On average” it now takes 9 weeks longer to find a job than it did in 2008.
Older job seekers are finding it takes even longer to find work…
Click here to see details: Older Job Seekers
All labour markets are different, even within different regions in Australia.
So, where are the opportunities?
Click here to see details: Ongoing shift to Service Industries
Be aware of the ongoing shifts to service industries if you are planning your career or looking for a career move. There has been a shift away from lower skilled jobs, with a 52% share of projected employment growth going to higher skilled jobs, while medium share sits at 38% and lower skilled jobs sit at 10%.
So, post-school education and training is vital for job seekers aged 25 – 34 years old. You need to look at the right training; the wrong training is of no benefit.
Click here to see details: Post-School Education
Employability skills are ESSENTIAL; these include reliability, teamwork, flexibility/adaptability, enthusiasm/positive attitude, interpersonal/social skills and customer service skills.
Why do job seekers miss out on jobs?
Employers, who GIVE NO feedback to job seekers, consider that they miss out on jobs because of lack of:
- Poorly written/presented application
- Employability skills
Job seekers who RECEIVE NO feedback consider they miss out on jobs because of lack of:
Many opportunities, it is reported, are not advertised and 1 in 3 vacancies are by “Word of Mouth” and the employer has been “Approached by job seeker”.
What will the next 5 years will hold? Check out our next post…