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Career Opportunities in Australian Labour Market

   

Added on  2023-06-11

11 Pages3601 Words117 Views
Career Opportunities in Australian Labour Market

Executive summary
The people of Australia are highly educated than the other resident in the other countries.
Australia is the country having the high level of opportunities in labour market such as the
healthcare services and social assistance, scientific, professional, technical Services,
construction, education & training, opportunities will increase till the year 2022. Currently in
Australia, the skill deficiency has been observed with monotonous symmetry means their
high possibility of getting a job by a fully skilled labour. Employment will be created in the
upcoming years will shows high rate of vacancies. The study has been carried for finding the
possibilities of the career opportunities in Australia in labour market. The study has been
carried out by considering following objectives:
Analyzing the current trends in the Australian Labor Market will affect career
opportunities in the industry.
Area for suggested research include but are not limited to: National and state
information, current employment trends, impacts of technology and competition in the
labor market.
Evaluate and explain the reason of industries and occupation are viable option for
your career path based on labor market research and current areas of study.
Identify industry-specific recruitment agencies and briefly describe what resources
and opportunities they offer to the candidates. Evaluate their value to you as a job
seeker.
Evaluate the key intercultural challenges face by an international student.

Contents
Executive summary....................................................................................................................2
1. Introduction...........................................................................................................................4
1.1 Labour Market..................................................................................................................4
1.2 Opportunity in Australian Labour Market.......................................................................4
1.3 Employment projections for the five years to May 2022.................................................5
2. Australian Labour Market Trend...........................................................................................5
3. Career opportunities in Health care and Construction industries..........................................6
3.1 Health Care.......................................................................................................................6
3.2 Professional, Scientific and Technical Services...............................................................7
3.3 Construction.....................................................................................................................7
4. Recruitment agencies in the healthcare industries.................................................................7
5. Intercultural Changes.............................................................................................................8
6. Recommendation creative job seeking plans.........................................................................8
Conclusion..................................................................................................................................9
References..................................................................................................................................9

1. Introduction
1.1 Labour Market
Labour economics means to know the operational and changing aspects of markets for
making the socioeconomic connection between a labour and a worker. Labour markets
function through the collaboration of labours and employers. Labour economics is providing
the employment services to workers and employers, and efforts to recognise the resulting
design of their service and wages (Kalleberg, 2009). In financial side, labour is defined as the
measure of work done and amount of efforts by the human beings. It is conservatively
compared with other factors of making as property and savings (McKinnon, 2010). In
Australia, a well-functioning and organized labour market is considering as the foundation of
an affluent economy; it makes a pivotal part in factor distribution, profit creation and cohort
of income (Rafi, 2017).
1.2 Opportunity in Australian Labour Market
Labour market in Australia indicates, considered in the accompanying areas, and
demonstrated that a portion of the labour market loose had started to tighten. Redundancy
(counting long term joblessness) and underemployment diminished. The information has
been studied on compensation development and provides the most grounded indication that
the growth in Australian economy has been increase by 1.8% in the year 2017. This was
determined mainly by growth in population, as total national output or Gross Domestic
Product (GDP) per capita development, regularly utilized as a benchmark for changes in
expectations for everyday comforts, was near zero. Changes in GDP worked done per hour –
generally translated as the alteration in labour efficiency – moved into negative an area
(Oliver et al., 2017). However, as relate with other establishment for economic assistance and
growth countries, opportunities in labour market in Australia continuous perform well, the
lower unemployment percentages and higher labour effectiveness development (Healy,
2014).
Nevertheless, it is informative to reflect short-term demand in demand. A capital occupied
Paper by McKissack et al. (2008) has resolved that labour’s demand in the fully resource
states of the Queensland and the Western Australia ended the subsequent three years might
only be encountered through growth in population as participation at an extensive term
increased and unemployment at an extensive term were low.
1.3 Employment projections for the five years to May 2022
A report by Australian government shows the Industrial employment projection (2017) that
the jobs department and minor Businesses reflects total growth in employment by 948,400

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