Yesterday we shared a post highlighting that workforce diversity could be the key to offset the entrenched skill shortages in Australia. There is even reason to believe that it could set us on a path towards gender pay equity, according to some. As Greg Jericho writes, "Fortunately, the data reveals that a key solution to the skills shortage is one that delivers higher wages and also reduces the gender pay gap. There is strong evidence that when more men work in traditionally women-dominated jobs, the average pay goes up, and that when more women work in traditionally male-dominated jobs their average pay also rises." For lovers of a good chart, this article is for you. It's encouraging that the data supports accessing non-traditional talent pools to address skills shortages supporting the findings of AbilityMap's recent research that indicates Australia doesn't have a labour shortage issue, but a skill identification challenge. Perhaps a 3-year training program might not seem like such a long-term solution when compared with the recurring, entrenched shortages that have plagued some occupations for the best part of a decade. #skillshortages #cybersecurity #diversity
AbilityMap’s Post
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What You Need to Know About Australia's Core Skills Occupation List (CSOL) Australia’s Core Skills Occupation List (CSOL) is a crucial part of the country’s temporary employer-sponsored migration system. It’s designed to help businesses address skill shortages by allowing them to bring in skilled workers from overseas. The CSOL includes a broad range of occupations, making it flexible and responsive to employer needs, rather than being limited by quotas. Here’s what you should know: Open for Feedback: Over 700 occupations are being reviewed for inclusion on the CSOL. The final list will be shaped by input from businesses, unions, and governments, ensuring it reflects the real-world demands of Australia’s labour market. Filling Workforce Gaps: Jobs and Skills Australia (JSA) is responsible for determining if migration is the right solution for specific skill shortages. They look at factors like how well migrants settle into the workforce and the role skilled visa holders play in filling critical gaps. Stakeholder Consultation: JSA is actively seeking feedback through surveys, submissions, and interviews. Whether your business is experiencing skill shortages or not, your input helps shape Australia’s migration strategy. New Data and Classifications: The draft CSOL is built on the latest 2023 data and updated ANZSCO classifications, ensuring it reflects the current labour market realities. This makes it more relevant than previous migration lists. Draft Format: The CSOL is divided into three categories—occupations likely to be included, those needing more feedback, and those that might not make the final list. All occupations are open for consultation. At Communidocs, we’re here to guide you through these changes. Whether you’re a business seeking skilled workers or a professional looking to migrate, our expertise can make the process smooth and efficient. #AustraliaMigration #CSOL #JobsAndSkillsAustralia #Communidocs #SkilledMigration #VisaSupport
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Hot off the PRESS! Understanding the Occupation Shortage List (OSL) in Australia The Occupation Shortage List (OSL) plays a crucial role in assessing and addressing skill shortages across the Australian labour market. It provides a point-in-time assessment of occupations experiencing shortages, offering valuable insights for employers, job seekers, and policymakers. The OSL allows users to explore the shortage status of various occupations through two different lenses: 4-digit ANZSCO level (Unit Group): This level provides a broad category of related occupations, offering a general view of the skills landscape. 6-digit ANZSCO level (Occupation): This more detailed level focuses on specific job roles, giving a clearer understanding of individual occupations facing shortages. Identifying Occupation Shortages The OSL helps identify which occupations are experiencing shortages and where those shortages exist. Shortages may be classified in two main ways: Nationwide Shortages: Occupations that are in shortage across both metropolitan and regional areas of Australia. Location-Specific Shortages: Some occupations may only be in shortage within specific areas, such as metropolitan regions or regional areas. This geographic distinction helps highlight areas where certain skills are more in demand than others. Benefits of the OSL Data The data provided by the OSL is instrumental for various stakeholders: Employers can use the list to understand which skills are in short supply, aiding in recruitment efforts and workforce planning, especially for hard-to-fill roles. Job Seekers can better target their career choices or relocation plans by identifying occupations in shortage, improving their chances of employment in high-demand areas. Policymakers can use the data to inform immigration policies, training programs, and initiatives aimed at filling critical gaps in the workforce. The Occupation Shortage List (OSL) is an essential tool for understanding the skills gaps within the Australian labour market. By offering data at both the 4-digit and 6-digit ANZSCO levels, it allows for a detailed and nuanced view of occupational shortages. Whether you’re looking to assess demand at a broad level or dive deep into specific occupations, the OSL provides critical insights into where shortages are occurring, both nationally and regionally, helping to inform decisions that drive Australia’s workforce forward. Is this the final list or will there more publications? Stay tuned https://lnkd.in/gMeRqGUh Need assistance with your migration journey? Get in touch www.toliclawyers.com.au #immigration #australia #occupationshortagelist #immigrationlawyer #toliclawyers
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Understanding Skill & Qualification Suitability in the UK Labour Market The latest insights from the Office for National Statistics (ONS) highlight key trends and challenges in the UK's labour market. While 52.5% of employed adults in England and Wales have qualifications that match the average for their occupation, many workers, particularly women, are overqualified for their roles. This mismatch underscores a significant underutilisation of skills across the workforce. With the most in-demand skills being "establishing and maintaining interpersonal relationships" and "updating and using relevant knowledge," it's clear that continuous development is crucial. As we push for skill development, it’s important for employers and training providers to align more effectively with evolving job requirements. For more on this crucial topic, read the full report here: ONS Report. #LabourMarket #SkillsDevelopment #Workforce #CareerGrowth #SkillsMismatch #WomenInWork #UKJobs #Training #Employment https://lnkd.in/e-Tz8SxD
Understanding skill and qualification suitability in the labour market, UK: August 2024
ons.gov.uk
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Did you check on the new list of occupations that Australia and NZ is rolling out for their immigration? The update list has more new age occupations and have more classifications than the previous ANZSCO list. This is going to bring quite a good positive change to Australian immigration as they will be able to identify and accommodate in the right skills to their economy !! What are your thoughts on the same? Comments
What You Need to Know About Australia's Core Skills Occupation List (CSOL) Australia’s Core Skills Occupation List (CSOL) is a crucial part of the country’s temporary employer-sponsored migration system. It’s designed to help businesses address skill shortages by allowing them to bring in skilled workers from overseas. The CSOL includes a broad range of occupations, making it flexible and responsive to employer needs, rather than being limited by quotas. Here’s what you should know: Open for Feedback: Over 700 occupations are being reviewed for inclusion on the CSOL. The final list will be shaped by input from businesses, unions, and governments, ensuring it reflects the real-world demands of Australia’s labour market. Filling Workforce Gaps: Jobs and Skills Australia (JSA) is responsible for determining if migration is the right solution for specific skill shortages. They look at factors like how well migrants settle into the workforce and the role skilled visa holders play in filling critical gaps. Stakeholder Consultation: JSA is actively seeking feedback through surveys, submissions, and interviews. Whether your business is experiencing skill shortages or not, your input helps shape Australia’s migration strategy. New Data and Classifications: The draft CSOL is built on the latest 2023 data and updated ANZSCO classifications, ensuring it reflects the current labour market realities. This makes it more relevant than previous migration lists. Draft Format: The CSOL is divided into three categories—occupations likely to be included, those needing more feedback, and those that might not make the final list. All occupations are open for consultation. At Communidocs, we’re here to guide you through these changes. Whether you’re a business seeking skilled workers or a professional looking to migrate, our expertise can make the process smooth and efficient. #AustraliaMigration #CSOL #JobsAndSkillsAustralia #Communidocs #SkilledMigration #VisaSupport
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Employers struggling to find qualified workers amidst unemployment due to skills shortage - United Nations Arena Employers struggling to find qualified workers amidst unemployment due to skills shortage. Employers struggling to find qualified workers amidst unemployment due to skills shortage The common belief among job seekers is there aren’t enough vacant jobs in Kenya because the economy is not growing fast enough. Ironically, amidst unemployment, some vacancies remain unfilled because employers can’t find suitable persons. It is now becoming clear that there is a difference between the skills possessed by job seekers and the needs of employers. As has often been reported, the number of Kenyans looking for jobs is in the millions. In reality, only about 12 https://lnkd.in/gdnW2MGR
Employers struggling to find qualified workers amidst unemployment due to skills shortage
https://www.unitednationsarena.co.ke
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The International Labour Organization (ILO) has published its report on the current state of global employment and its forecast to the end of 2024. Overall, the ILO has found that unemployment has decreased from 5.0% to 4.9% since last year. Worldwide, young people can anticipate more opportunities for employment before the end of December. In the US, the Biden administration has added 254,000 new jobs since 2023. The UK job market is steady without any major gains since July’s general election, according to the ILO’s World Employment and Social Outlook: Trends 2024 report. ILO's data has identified inequality as a primary barrier to some UK job seekers finding work. A large percentage of the British working age population is considered to be economically inactive. Image credit: Pixabay Contributor
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The new Federal government looks poised to make wide-ranging changes to the labour market, some of which could affect your business. Many of these proposed changes were discussed at the Jobs and Skills Summit in Canberra at the beginning of September. Some will be good news for small businesses, especially those battling skills shortages. Others may not be. Some may never see the light of day. Others have already found themselves on the government’s “immediate actions” list and are currently being consulted on. #LabourMarket #Jobs #Workforce #LabourShortage #JobsandSkillsAustralia #Multi-employerbargaining #SkillsShortage #BOOT #Productivity #CollectiveBargaining https://lnkd.in/gwAw84bG
Big labour market changes headed your way
sppartnermarketing.com.au
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The new Federal government looks poised to make wide-ranging changes to the labour market, some of which could affect your business. Many of these proposed changes were discussed at the Jobs and Skills Summit in Canberra at the beginning of September. Some will be good news for small businesses, especially those battling skills shortages. Others may not be. Some may never see the light of day. Others have already found themselves on the government’s “immediate actions” list and are currently being consulted on. #LabourMarket #Jobs #Workforce #LabourShortage #JobsandSkillsAustralia #Multi-employerbargaining #SkillsShortage #BOOT #Productivity #CollectiveBargaining https://lnkd.in/gtmEiv2r
Big labour market changes headed your way
sppartnermarketing.com.au
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