A Report on Career Opportunities in the Australian Labour Market

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This report examines career opportunities in the Australian labour market, focusing on trends in the retail, IT, and medical sectors. It discusses the challenges and transformations within the retail industry, highlighting the impact of technology and globalization. The report also identifies leading recruitment agencies and addresses intercultural challenges faced by job seekers. Recommendations for creative job-seeking strategies are provided, with Coles as a case study for understanding the retail labour market. The analysis predicts future growth in retail employment and emphasizes the importance of ethical work environments. Desklib offers a range of resources, including past papers and solved assignments, to support students in their research and understanding of the Australian job market.
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RUNNING HEAD: CAREER OPPORTUNITIES IN LABOUR MARKET OF
AUSTRALIA 1
CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA
Student Name
Institute Name
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 2
Executive summary
Employment is considered one of the highly sensitive and main concerns which impact the
new entrant in the industry worldwide face. There is the existence of extensive working
options for the students on an international level. It is based on one of the largest challenges
for the students to have all kind of qualities which are needed for the diverse job profile. The
labour market in Australia possesses an improved level of the phase of the labour market on
many economic features. Also, the market can also meet the demands and needs of many
graduates by giving them so many employment options. The report will discuss the labour
market, statistics, information and market data. The labour market is also growing as well as
extending quickly with upsurge rate. The labour market of the retail sector is also explained
via organization Coles. There are multiple challenges faced by the labour market in the retail
industry and extensive changed have also taken place in the different industry in general.
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 3
Contents
Executive summary....................................................................................................................2
Contents......................................................................................................................................3
Introduction................................................................................................................................4
Discussion..................................................................................................................................4
Australian labour market trend for the retail industry................................................................4
Career opportunities in IT and Medical industries.....................................................................6
Career opportunities in IT industry........................................................................................6
Career opportunities in medical industry...............................................................................6
Recruitment agency in the industry............................................................................................7
Intercultural challenges..............................................................................................................7
Recommendations: creative job seeking plan............................................................................8
Conclusion..................................................................................................................................9
Reference..................................................................................................................................11
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 4
Introduction
The labour market of a country like Australia is claimed to have improved a lot and in a
better economic stage with reduction in the level of unemployment, in last few years. The
market of Australia also provides extensive options to the people as well as the students with
regular employment. There is also immediate rise in the level of employment in Australia of
approx. thirty-seven thousand jobs according to the report on labour market of Australia. The
rise in the level of employment is estimated to be three thousand to eleven lakhs. The overall
participation and the rate of unemployment further remained intact. The current trend in the
labour market of OECD also shows that there is an important role in improving the level of
employment. From mid-2015, the current labour market of the country has further
strengthened. The rate of unemployment in 2015 was at the extent of six percent which later
dropped down to five percent approx. in 2016. The country has been considered as one of the
strong nations in the department of literacy and skilled labour. The high skilled people also
have the secured jobs, however, the important concern which is left over at the student level.
Discussion
Australian labour market trend for the retail industry
Currently, there are approx. more than one million people who are working in the retail
sector. the retail sector is identified as one the industry which has employment at the highest
number of young people of less than the age of forty-five. The retail industry is also
renowned for giving the graduates and people their first job. In all the other sectors, there is
an average of 46% of women staff whereas in the retail industry of Australia there are 56% of
women in the complete workforce. There is widely present part-time working option for the
people in the retail industry so that graduates can constantly be present with the further
education or any other form of work.
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 5
There are many challenges which are faced by the industry. The overall education, as well as
training, is considered one of the issues faced by the sectors since the maximum of the
workforce in the retail and labour market possess the low level of education and expertise.
People normally after their secondary level of schooling or post-school education come from
this industry seeking for the job (Plumb et al., 2013). And it is, of course, one of the
challenges for the sector to take effective use of the higher education and training provided
under the framework of career progression. There is a large number of transformation which
has taken place in the sector in last some years which further has influenced the overall
demand for the labour and skilled labour in a broad sense. The transformation is the outcome
of a number of elements such emerging technologies practices which are sustainable, rise in
competition, consumer preferences, globalization, economic cases and demographics of the
country.
The retail sector of Australia has an immense option since the growth of Asia and the middle
class of Asia as the demand and requirement for consumer-based goods are riding on rising
rate. Also, there are a transformation as well as challenges give rise since the increase in
globalization as other international retailers are getting settled in the country like Australia
and providing a tough competition to local retail market, the global retailers are also giving
high wages to the labour and helping them to switch to other organizations (OECD, 2016).
The strongest transformation which can influence the industry and the sector is based on
technological innovation. there is constant technology-based innovation taking place in so
many operations of retail (Nickson et al., 2012). The online retailing is also considered as the
fast-growing features of the retail operation. The customers are also interested more in online
purchase of the products as well as services. Thus, the needs of people who are well-educated
and technology friendly are in high demand to deal with different online operations. Since the
international recession, there was an immediate reduction in the demand for products,
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 6
employment and many more. However, with time, the situations transformed and currently,
the retail sector is one of the fastest and developing industries in the country.
Career opportunities in IT and Medical industries
In past few years, there have been many experiences people and researchers recognized that
there is the rise in growth of the retail labour market. The organization are needed to have
ethical work which is part of employment of the employees. There is also equity in
employment, working hour and salaries of the staff (Mitchell et al., 2010). Following are the
two other industries apart from retail industry: -
Career opportunities in IT industry
There is a number of factors which make a career in technology at the rising ladder however
the market is at saturation now. Career option in engineering, middle management and
consulting are decreasing as there is a lot happening in innovation part, so the job options are
reducing (Billett et al., 2011). Elements of changes in technology as well as demographics are
mainly accountable for transformation in career options among the young generation.
Career opportunities in medical industry
The big workforce industry consists of variety of occupations as well as services which
provide diagnostic, healing as well as preventive based services. The sector consists of a
holistic wellness and health of people and production of pharmaceutical and sales. There are
so many options like nursing homes, hospitals, surgeries, pharmacies and laboratories as well
as clinics where many professionals other than medical experts are required.
Medical profession is an ideal profession other than retail profession since pursuing career in
medical and healthcare can see an immense growth and continuous development in
technology.
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 7
Recruitment agency in the industry
Following are three top recruitment agencies in the country: -
1. Career one is considered among the highly checked website in Australia that focuses
on providing customers with an advertising option to get qualified and right
candidates.
2. SEEK is another group or organization looking to deal with issues and requirement of
diverse job seekers while the match between the recruiters and people looking for
options in employment (Coates et al., 2011).
3. Gumtree is a British based online organization and a community-based web portal
that is helping many young people in getting a job in so many organizations and was
also founded almost 15 years ago. One change is an Australian website that helped in
matching hires with best candidates (Lawrence et al., 2013).
Getting a good job is not an easy task and so one must do well and coordinate the research to
understand more about the company. These organization instead of strong challenges in the
market have stood up in right manner and this has been part of good marketing strategies.
Intercultural challenges
Following is the detailed discussion: -
1. Lack of important occupational level skills or proof of past-experiences: this consist
of restricted work experience and lack of identifying of prior learning as well as
qualifications. These challenges outcomes for people from ethnic background mainly
taking up much informal and causal work within their own communities like being
employment at many corner stores, a local community organization where there is
less experience are needed.
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2. Restricted knowledge around the system of Australia, workplace culture and how to
get a job: there are many career experts that say that its advantageous to talk to peers
who have lived in the country for a long period of time and learn the local system of
Australian based on finding employment (Jefferson et al., 2010).
Recommendations: creative job seeking plan
One doesn't need a lot of money to get a greater return from the market like the stock market
and when one invests some amount of time reading about the best or latest stock market
information, the efforts come up with some crucial job-hunting tips. There are so many
organizations in the retail sector that are struggling and there is also much organization that
constantly thrive (Davidson et al., 2010). It is important to pay attention to the efforts of job-
hunting on the organizations that are successful since they are the one that requires workforce
and mainly they are the one that has the money for the wages. There is no doubt that many
organizations like Sports Authority, one must understand that he is most probably not going
to get recruited there at the same time the organization is about to get bankrupt (Hall et al.,
2011).
In the retail industry, Coles is one of the highly identified and well-settled supermarket chain
in Australia which is now an important part of Wesfarmers supermarket chain. To gain clarity
on the labour market of the retail industry, Coles is one of a most right company that has been
selected for getting the important information. The organization also provides employment to
around one lakh people and identify as viable and important source of employment. In next 5
years, there are options that the retail market of labour will have the important boom. The
analysis predicted that in the coming time there will be a rise of eight percent in employment
in retail industry and a rise in the average of more than one percent every year. In addition,
Coles has its major an important role in the growth of labour market of the country and as
providing a number of option in employment to the people (Dyster et al., 2012). The
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 9
organization also has the high amount of ethical points along with the code of conducts which
provide a safe and right working environment and opportunity for the employees to develop.
The high level of satisfaction of the workforce currently is also very high in the company as
the salaries are given are right according to the wages and labour laws. The change in
working is also very flexible which means part-time as well as full tie and according to
different norms and government-based laws (Financial Times, 2016). There are some past
examples which have taken place in the company which also show that there are some labour
challenges at Coles in past (Giannikis et al., 2011). The challenges were associated with any
unpaid wages and unreasonable wages given to the workers as per the work. However, with
right strategies and practices the organization have solved all such challenges and currently, it
also holds an ideal position in the labour industry. The people are also seeking employment
option at the company in large number.
Conclusion
The labour industry is always identified as one of the immensely dynamic markets across the
world. there are so many changes that have happened in the labour industry right before and
after the time of globalization. The report has analysed different factors which influenced the
labour market, the employment and unemployment rate. The report also concludes that the
retail industry is one of the most important sectors which constantly regulates and influences
the labour market. The industry also engages in a high number of people which finally results
in a positive transformation in the employment rate of the country. The analysis of the retail
sector in contrast to labour market one can test that there are many transformations which
have taken place in the industry because of innovative methods and competition from
overseas. There are also some companies like Coles Group that are highly popular and
renowned company in the retail industry which provides the most trusted and particular data
needed to gain clarity on the labour market in the retail industry. The research of Coles also
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 10
shows that the prevailing trend which is impacting the retail sector, employment options, past
case studies and transformation in the current labour market over the years in the retail
industry. From the whole analysis of the report, one can say that for many fresh graduated
and other people looking for a job, there are many extensive level employment options
presents in the retail industry. The labour market of the country also provides a lot of growth
options to the students and the people in general.
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Reference
Billett, S., Dymock, D., Johnson, G. and Martin, G., 2011. Overcoming the paradox of
employers' views about older workers. The International Journal of Human Resource
Management, 22(06), pp.1248-1261.
Coates, H., & Edwards, D., 2011. The Graduate Pathways Survey: New insights on education
and employment outcomes five years after Bachelor degree completion. Higher Education
Quarterly, 65(1), 74-93.
Davidson, M.C., Timo, N. and Wang, Y., 2010. How much does labour turnover cost? A case
study of Australian four-and five-star hotels. International Journal of Contemporary
Hospitality Management, 22(4), pp.451-466.
Dyster, B. and Meredith, D., 2012. Australia in the global economy: continuity and change.
Cambridge University Press.
Financial Times, 2016. What is going on in Australia’s labour market? Retrieved from
<https://www.ft.com/content/4edc4ff8-9c8c-11e4-a730-00144feabdc0>
Giannikis, S.K. and Mihail, D.M., 2011. Modelling job satisfaction in low-level jobs:
Differences between full-time and part-time employees in the Greek retail sector. European
Management Journal, 29(2), pp.129-143.
Hall, R. and van den Broek, D., 2011. Aestheticising retail workers: Orientations of aesthetic
labour in Australian fashion retail. Economic and Industrial Democracy,
p.0143831X11427592.
Jefferson, T. and Preston, A., 2010. Labour markets and wages in Australia in 2009. Journal
of Industrial Relations, 52(3), pp.335-354.
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CAREER OPPORTUNITIES IN LABOUR MARKET OF AUSTRALIA 12
Lawrence, G., Richards, C. and Lyons, K., 2013. Food security in Australia in an era of
neoliberalism, productivism and climate change. Journal of Rural Studies, 29, pp.30-39.
Mitchell, R., Gahan, P., Stewart, A., Cooney, S. and Marshall, S., 2010. The evolution of
labour law in Australia: Measuring the change. Australian Journal of Labour Law, 23(2),
pp.61-93.
Nickson, D., Warhurst, C., Commander, J., Hurrell, S.A. and Cullen, A.M., 2012. Soft skills
and employability: Evidence from UK retail. Economic and Industrial Democracy, 33(1),
pp.65-84.
OECD, 2016. How does Australia compare? Employment Outlook 2016, Pp.2, Accessed
from https://www.oecd.org/australia/Employment-Outlook-Australia-EN.pdf
Plumb, M., Kent, C. and Bishop, J., 2013. Implications for the Australian economy of strong
growth in Asia. Reserve Bank of Australia.
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