Monday, 30 April 2012

Key Points from the CDAA Conference 2012


I had the privilege of recently speaking at the Career Development Association of Australia’s annual conference in Canberra on how they could better guide their clients through the permanent uncertainty in today’s labour market. I took a number of key points away with me, especially some food for thought around Australia’s workforce today and looking into the future.

 
While we all know it’s a multi speed economy, think about these statistics:
  • For every 1 job in mining, there are 5 jobs in manufacturing.
  • All industries are becoming high-tech. Two-thirds of jobs now require a post-school education, and it’s trending up. If you have a post-school Certificate III or above, you are 3 times more likely to have a job than someone who doesn’t.
  • The largest occupation growth over the next 5 years will be Professionals (eg engineers, geologists, nurses, health professionals, agricultural professionals, child care etc). If you are struggling to recruit these professionals now, it will only get harder in the years to come.
  • Australia needs 1 million new workers in Aged Care by 2040. Ouch.

2 comments:

John Van Dijk said...

Goodday Edwin,

I guess the ratio in point 1 has changed over the last 10 years? What was it 10 years ago? 1 mining - 8 manufacturing?
Indeed - Australia is way behind in gearing up for aged care. This will require a very large investment. Opportunities?

Cheers,
John,

Edwin Trevor-Roberts, PhD said...

John,
Great question - I'll have to dig around for that data. While manufacturing is slowly and steadily declining, its not as fast as people think. Its also shifting to high tech work, so rapid re-skilling of our labour force is going to be required.
Edwin

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