Robert Half: Immigration collapse driving wages higher

Recruiters Robert Half Australia are reporting a tighter labour market and higher wage offers thanks to the collapse in immigration:

Covid is rewriting the job descriptions – and the salaries – of many employees in finance and accounting, technology, business support and marketing areas, according to a report from recruiters Robert Half Australia…

The firm’s managing director, David Jones… said the lack of immigration in the past 18 months had compounded the skills gap in technical areas of the labour market… And with immigration unlikely to resume before the middle of next year, the shortages would continue to put pressure on salaries.

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