Jobs are skyrocketing but no one is applying

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Among the sectors most affected by shortages are tourism and recreation. Sports and recreation come next, followed by arts / media / advertising, call centers and customer service, and education and training, according to data from Seek.

While the less skilled is spoken more broadly, the semi-skilled and highly skilled workforce also experiences supply shortages.

Australia has its own particular reasons for staff shortages – its position as an Australian stronghold. The closure of national and international borders for nearly two years deprived businesses of access to the lowest-paid travelers and students, but also the ability to supplement needed skilled workers through immigration.

It’s a problem that National Australia Bank director Ross McEwan sees as a serious economic problem. “There have been hundreds of thousands of people who left Australia because they had temporary visas or student visas that we need to get back into this Australian economy as quickly as possible,” McEwan said. .

While McEwan is quite optimistic about Australia’s economic recovery, he warned that labor shortages need to be addressed as they are the biggest problem that will hold back growth.

NAB chief executive Ross McEwan said it was essential to bring migrant labor back to Australia.Credit:Alex Ellinghausen

The evidence for the squeeze in the labor supply is now sufficiently clear. But there is another layer to this problem that goes beyond the simple lack of worker mobility that stems from closed borders and drought in immigration.

There is a feeling that there is less urgency in looking for a job and an increased desire to leave your old job.

In the United States, the scarcity of post-COVID workers has been dubbed the “big resignation”. There, workers are quitting their jobs at an unprecedented rate, and many decide to seek radical change.

Many theories on this phenomenon have been written over the past month. Some say the unprecedented level of government support during the pandemic provided a small nest egg for workers to stay out of the workforce.

Others suggest that a change in working patterns and working from home has led to the realization that there is more to work than the daily grind. But just as plausible is that workers expect better pay – and this reflects what we are seeing in Australia.

It is certainly no coincidence that Jeff Bezos has just increased the hourly rate of pay for new hires at Amazon from $ 3 to $ 18 and offered special bonuses in places where staff shortages were particularly acute.

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