Earlier this year, Matt Bell of The Australian wrote an article based on the Hays 2025 Skills Report, saying that Australia was experiencing a skills crisis, with businesses struggling to recruit staff with the necessary abilities.
Similar views have been expressed throughout the lead-up to the federal government’s productivity summit, even though Jobs and Skills Australia (JSA) data shows that there are an abundance of applicants per job, suggesting that concerns surrounding labour shortages are overblown.
At the economy-wide level, there were 29.3 applications per vacancy, 9.4 qualified applicants per vacancy and 4 suitable applicants per vacancy:
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