Get ready for a ‘caring’ jobs boom

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The National Skills Commission (NSC) has released its employment projections for the five years to November 2025.

The NSC forecasts that total employment will rise by 991,600 (7.8%) by November 2025. Healthcare and social assistance (249,500) are the sectors that will record strong growth in jobs, followed by hospitality (139,900); professional, scientific and technical services (131,100); and education and training (118,600).

By contrast, manufacturing (-5,900) and media/telecommunications (-7,500) are the only two sectors that are expected to have fewer jobs over the next five years.

Australian employment projection to 2025

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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.