Career Opportunities: Analysis of the Australian Labour Market

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This report provides an overview of career opportunities in the Australian labor market, focusing on current trends and future projections. It highlights key industries such as healthcare, professional services, and construction, identifying areas with significant growth potential. The report also examines the role of recruitment agencies in these sectors and discusses the intercultural challenges faced by international students seeking employment in Australia. Furthermore, it assesses the impact of technological advancements and competition on the labor market, offering recommendations for job seekers to navigate these challenges effectively. The analysis is based on data from government reports and labor market surveys, providing a comprehensive understanding of the evolving employment landscape in Australia. Desklib provides a platform to access this assignment and other solved papers.
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Career Opportunities in Australian Labour Market
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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.
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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
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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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which is 7.8 per cent for the upcoming five years, till 2022. The 2017 forecasts were based on
Labour surveys on June 2017, information for total service, the May 2017 data for various
industry employment were least available, and the predicted and projected the total
employment increase rates which were published in the budget, 2017-18. The health care
services and social assistance is predictable to prepare the main influence on growth in
employment which will increasing by 250,500 and scientific, professional, and technical
services will be projected to increase by 126,400, Construction increases by 120,700 and
Education & Training increase by 116,200. Composed, these four trades were expected to
offer 61.5 percent of the total growth in employment in the year 2022.
Qualifications remain used contrarily across professions. In approximately they remain used
to indication that a former student must have the skills essential for a controlled profession
and they might be used further normally to screen candidates for a job (Wheelahan et. al.,
2015). Certainty leads to a good conclusion that the longer term jobless youth are is in very
detrimental situation. The main obstacle they face is really searching for employment. When
they found, it seems to be comparatively little consequence in terms of incomes (Carvalho,
2015).
2. Australian Labour Market Trend
The labour market situation has been changed in the last two decades. Comprehensively,
changes are of three types. To begin with first which is the change in business structures and
work measures plans, most particularly a development in self-employment work which may
easy going/transitory and is part time work and a consistence decrease in the extent of the
staff holding perpetual full-time occupations. There was some change has observed in the
planning of work, with a development in the work and night work a checked development of
business far from assembling, mining and development/construction and towards
administrations enterprises like friendliness or tourism, fund and data administrations. Third,
is vital variations to workforce, a long-haul increment in female support rates and changes to
the adolescent work constrain investment rate, expanding utilization of night work (Fincher,
2014).
In Australia the labour market in 2016 was categorised by split progresses. Although,
headline financial development has reinforced, a cynical business atmosphere has been
attended by irregular employment progress (Oliver et al. 2016)
The report by Australian government on labour market update (2017) shows that in August
2017, the toughest employment development occurred in Tasmania by 4 percent, Queensland
shows 3.7 percent and the development in Victoria was 3.3 percent. The Employ
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opportunities and progress varied transversely industries. The major rises in trend in hiring
happened in healthcare and the social assistance which was up to 117 000, the construction
employment rates were equal to 83 300, whereas the employment trend in education and
training were 49 100 and accommodation and the food services was about 46 500 in numbers.
The main reduction in trend employ happened in administrative and the support services
down to 38 000. The robust rates of hired were in construction which is up to 7.8 percent and
the health care and the social assistance shows the increment of 7.7 percent.
As per the study has been carried out on trend in labour market and economics in September
in Australia (2017) by government of Western Australia, mentioned that the labour market
circumstances in the improved sate somewhat throughout the September in the year 2017.
With a slight upsurge in the sum of people hired, along with a minor increase in the labour
force contribution percentage in the state. Service were improved by 6,400 residents
throughout the month of September, with a full-time employment rising by a projected 3,200
persons up and around 43,300 labours through the year and the part-time labours were risen
by 3,200 which was decreased by 8,400 persons throughout the year. Regardless of this
current change in the direction of full-time hired.
3. Career opportunities in various industries in Australia
Over the previous 30 years, In Australia the essential organizational variation observed in the
business/industry configuration of the employment. The share of labours in Industrial and
Agriculture takes deteriorated and a larger portion of labours is today hired in main facility
industries for example the healthcare and social Aids, professional, technical services,
scientific areas and construction
3.1 Health Care
As per the industry employment report (2017) by Australian government shows that the
upcoming five years, service in the health care and social aids industry was predicted to rise
by 250,500 which was 16.1 percent of the total. Aspects causative to this solid predictable
growth comprise the occupied application of the nationwide disability assurance system
(programmed for the year 2019-20), Australia’s aged inhabitants, and growing request for
day-care or home-based health care services
3.2 Professional, Scientific and Technical Services
The report also shows that the employment in specialised, scientific and practical services
was predictable to rise by 126,400 or 12.5 percent of the total which is continued to the year
2022, this has been the second another growth of any industry. The predictable high degree of
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service development in the manufacturing replicates ongoing asset in request for the facilities
of capable and highly sophisticated workers during the economy.
Employment on labour market predictable to grow mainly powerfully in the design of
computer system and correlated services area, which was expected to raise by 54,200 or by
24.6 percent after having full-grown by 83.9 percent as compared to the previous 10 years to
the present service level of 220,200.
Although, the employment progress was expected to reasonable related to the earlier 5 years,
most important to the employment growth in the industries were projected to arise from the
Architectural, Engineering and Technical Services sector, with employment projected to
produce by 26,600. From the authorized and secretarial services area, with service predictable
to produce by 18,500. Employment uncovered organizations were predictable to be preferred
through Australian dollar residual at points alike to those predominant over the year 2016.
3.3 Construction
Construction industries employment growth were predictable to raise by 120,700 or
10.9 percent over the 5 years to the year 2022. Housing construction service were projected
to raise at a measured leap than in the previous 5 years, additionally with the population
growing, while important substructure venture was predicted to support employment growing
in the manufacturing and construction sector, nowadays that let everything go of withdrawal
successful was almost complete.
3.4 Education and Training
It was projected in a report by Australian government on industry employment. that the
employability in education and training for the year 2022 will increase to 116,200 which will
12 percent increment from the previous data. This projected growth will be expected to
support by the growth in the number of student in the schools, colleges and also growth in the
researchers.
4. Recruitment agencies in the healthcare industries
In the current scenario of industry recruitment, the Australian employment industries are full
of opportunities, consisting various private and public organisations which are bringing the
facility of recruitment inside Australia and internationally. The Australian employment trade,
concentrating on together profitable employment activities and the community recruitment
services, and deliberates the measure, size and kind, physical and industry division,
customers and applicants or occupation searchers. The kind of industries such as Pettit
Pharma and Device, Morgan healthcare, Frontline Health Brisbane, ACM health care, Kemp
recruitment agency cornerstone medical recruitment etc. (Hajkowicz, 2016).
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5. Intercultural Changes
The labour market in Australia has been more influenced by the international immigration
among Organisation for Economic Co-operation and Development (OECD) nations, but
Australian study on this problem focuses practically exclusively on perpetual settlement
immigration. These variations were in line along with a globally recognised movement of the
few last decades, which includes a change in importance in a world-wide migration absent
from a pattern of perpetual rearrangement and resettlement in the direction of multinational,
including more flow, momentary dwelling in journey's end areas and growth of sturdy
networks involving backgrounds and last stop. Certainly, outsider in Australians than ever
previously are departure the country for the time being to labour in other nations (Hugo et al.
2003). This method of movement will remain to rise in consequence in the predictable
forthcoming, so it was imperious that Australian average data-collection organisations
familiarize to take the fully considerable fact into account (Hugo, 2006).
Australia has been the conventionally high opening of immigrants and their addition into the
opportunities for labour market has been effectively seen as the successful method (Liebig
2007). Though, the appearances of immigrants have partially altered in the previous periods
with growing stocks of immigrants from Asia, through China for outstanding model of the
United Kingdom of source in the year 2010–2011 (Docquier 2014). The insolences and
performance were comparable crossways national collections, but intercultural
communication vicissitudes between the competitions. Non-binding income offers are totally
ignored in the final income choices by the companies when they made to the Asians.
Nevertheless, the Asians were pleased more for extra struggle (Beatton et al. 2017).
6. Recommendation creative job seeking plans
The health care and the social aids continuously being the primary opportunity provider for
new jobs in labour market in Australia from the 1990s and it is predictable to continue in that
part. The request for fitness facilities was predictable to rise for a change of explanations plus
augmented chronic sickness, superior buyer prospects and a handling and subsidy perfect
which was built about short-term severe interferences. Building labour leadership
measurements, civilising labour market work maintenance concluded premature occupation
training, provision and establishment of the opportunities, improving labour productivity by
allowing and cheering modernisation (Mason, 2013). A main recommendation is the nation
should deliberate if pit capital for a possibility training of a nationwide rollout of
management progressions to mid-level labour and managers, founded on the government
supported fundamentals of healthcare programs. The succeeding references propose that
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money should be measured for experimental studies for findings new opportunities for job
creation in Australian labour market and to innovative the methods for the service
distribution, established over investigation of the finest obtainable indication both nationwide
and globally to update policy expansion in the specific area (Prince, 2016). Moreover,
following policies can be implied organisations and hiring firms to help get labour jobs in
Australia.
Introduction of formal education and training of labour to develop and improve their
skill set.
Facilitate labour with work friendly requirement policies.
Provide labour with continuous mentoring and support
Flexible work environment so that even labours can have a family time and can meet
their social, political and personal obligations.
Insurance and bank account facilities to labour and other indigenous employees is
another recommendation for upliftment of labour in Australia.
Conclusion
Australian resident having high level education experience as compared to the inhabitant in
the other countries. The career opportunities in labour market in Australia is much higher
such as the health care services and social assistance, scientific, professional, technical
Services, construction, education & training which will contained to increasing in upcoming
year till 2022. Though, there are numerous alumni who could not end up in proposed
profession of their requirement. The requirement for government control and regulation of
labour market emerges for instance, the market for work, are only from time to time
flawlessly proficient. The OECD account claims that key reasons for the change in highly
discerning migration strategy necessitating identical high points of capability and high ability
planes, if likely based on the Australian experiences. There are many recommendations
expected at additional specific managerial or governmental difficulties elevated during the
discussion stage of the appraisal. It has been wanted that the increasing result of the
recommendations, approximately are relatively simple, will deliver a chance to recover the
competence and equality for the system.
References
Australian Government 2017, Australian labour Market update, October 2017, viewed 27
May 2018 https://docs.jobs.gov.au/system/files/doc/other/october_2017_almu_0.pdf
Australian Government 2017, Industry employment projection 2017, viewed 27 May 2018,
http://lmip.gov.au/default.aspx?LMIP/EmploymentProjections
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Beatton, T., Dulleck, U., Fooken, J. and Schaffner, M., 2017. Wages, Promises and Effort in
an Intercultural Labour Market: Experimental Evidence from Australia. Australian
Economic Review, 50(3), pp.257-277.
Government of western Australia, Labour and economic snapshot: September quarter 2017,
viewed 28 May 2018 https://www.dtwd.wa.gov.au/sites/default/files/uploads/Labour%20
Market %20Snapshot%20-%20September%20quarter%202017.pdf
Hajkowicz, S.A., Reeson, A., Rudd, L., Bratanova, A., Hodgers, L., Mason, C. and Boughen,
N., 2016. Tomorrow’s digitally enabled workforce: Megatrends and scenarios for jobs and
employment in Australia over the coming twenty years. Australian Policy Online.
Healy, J., 2014. The Australian labour market in 2013. Journal of Industrial Relations, 56(3),
pp.345-364.
Hugo, G., 2003. Migration and Development: A perspective from Asia.
Hugo, G., 2006. Temporary migration and the labour market in Australia. Australian
Geographer, 37(2), pp.211-231.
Kalleberg, A.L., 2009. Precarious work, insecure workers: Employment relations in
transition. American sociological review, 74(1), pp.1-22.
Liebig, T., 2007. The labour market integration of immigrants in Denmark. OECD Social,
Employment, and Migration Working Papers, (50), p.1.
Mason, J., 2015. Review of Australian Government Health Workforce Programs.
2013. Australian Government Department of Health: Canberra Google Scholar.
McKinnon, R.I., 2010. Money and capital in economic development. Brookings Institution
Press.
Mckissack and Temple, J., 2008. Demographic and labour supply futures for
Australia. Canberra Department of Immigration and Citizenship.
Carvalho, P., 2015. Youth unemployment in Australia. Policy: A Journal of Public Policy
and Ideas, 31(4), p.36.
Oliver, D. and Yu, S., 2017. The Australian labour market in 2016. Journal of Industrial
Relations, 59(3), pp.254-270.
Oliver, D. and Yu, S., 2017. The Australian labour market in 2016. Journal of Industrial
Relations, 59(3), pp.254-270.
Docquier, F., Ozden, Ç. and Peri, G., 2014. The labour market effects of immigration and
emigration in OECD countries. The Economic Journal, 124(579), pp.1106-1145.
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Prince, M., Comas-Herrera, A., Knapp, M., Guerchet, M. and Karagiannidou, M., 2016.
World Alzheimer report 2016: improving healthcare for people living with dementia:
coverage, quality and costs now and in the future.
Fincher, R., 2014. Class and gender relations in the local labor market and the local state. The
Power of Geography (RLE Social & Cultural Geography): How Territory Shapes Social
Life, p.93.
Rafi, B., 2017. The impact of labour market regulation on the unemployment rate: Evidence
from OECD economies.
Wheelahan, L., Buchanan, J. and Yu, S., 2015. Linking Qualifications and the Labour Market
through Capabilities and Vocational Streams. Synthesis Report. National Centre for
Vocational Education Research (NCVER).
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