Businesses cry “skills shortage” as graduates sit idle

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Another bogus report has emerged claiming that 60% of NSW businesses are experiencing “skills shortages”:

THE NSW Business Chamber says its latest workforce skills survey has revealed a substantial increase in the number of jobs being left unfilled because of a lack of applicants skilled enough to undertake the work.

While the chamber says some measures have improved since the previous survey, the numbers of “skills shortage” vacancies have risen from 54,000 in 2017 to 82,000 this year, an increase of more than 50 per cent.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.