BRISBANE - A downturn in parts of Australia's once-booming mining sector is having an unexpected silver lining - freeing up labour and resources for at least $190-billion of liquefied natural gas projects being built in the country.
According to the Australian Institute of Geoscientists, Australia’s easing mining boom has continued to impact negatively in the opening months of 2013 on the job outlook for geoscientists. More than half of them do not expect to find new work with the sector appealing for Federal policy intervention to help arrest the jobs slide.
New data released today shows the unemployment rate among this key professional group climbed further over January, February and March this year to a current high within the profession of 7.9%.
Despite sweeping job losses across the industry since September 2012, the resource industry continues to be the fastest growing source of employment for Australian’s having created 130,000 direct jobs over the past five years and 28,500 new Australian jobs in 2012 alone*.
There has recently been a great deal of debate and media coverage of the 457 skilled migration scheme, leading many to believe there has been widespread rorting of the system by companies and that a significant number of jobs are going to foreign workers at the expense of Australians.