Australia overloaded with low-skilled workers

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Employers now find it much easier to find workers, particularly those with lower skill levels, according to the most recent recruitment data from Jobs & Skills Australia.

As illustrated below by Justin Fabo of Antipodean Macro, the percentage of workers reporting difficulty obtaining employment has returned to pre-pandemic levels.

Recruitment difficulty

Lower-skilled workers are plentiful, whereas higher-skilled workers are relatively harder for employers to find. However, both lower-skilled and higher-skilled workers are experiencing recruitment difficulties that are consistent with pre-pandemic levels.

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Recruitment difficulty by skill

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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.