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January 31st, 2008 2 comments

The Australian economy is buckling under a severe skills shortage. Companies fight over candidates as the states – in particular Western Australia and Queensland – struggle to keep up with the booming economy.

For many job applicants, the most difficult task will be deciding what job offer to accept.

This has put the pressure on employers to differentiate their offer and stand out early in the recruitment process to avoid a tug-of-war.

The obvious way to entice the candidate accept the employment offer is the salary or wage as shown here:

Salary Snapshot

Executive $105,076
Construction $101,567
Engineering $98,554
Self-employment $95,735
IT $91,601
Administration $46,329
Retail $48,087
Hospitality $50,019
Graduate $50,933
Education $59,416


Where are these skills shortages?

In the following table you’ll notice that the first listing is the construction industry. So gone are the days where mums and dads said university was best way to secure your future.

Now in 2008, a trade or apprenticeship is the way to secure that dream job you’ve always wanted.

The demand for construction industry trades and apprenticeships are growing at 15% pa.

It’s been 25 years since traditional trades have been in favor as the lucrative career path. This fact shocks the tertiary education sector as many school leavers look forward to rolling up their sleeves and immediately earning an income.

Top Jobs

1 Construction
2 Engineering
3 Child Care
4 Architect
5 Dentist
6 Radiographer
7 School teacher
8 Solicitor
9 Sheetmetal worker
10 Carpenter
11 Chef

Together with the Australian Bureau of Statistics 2006 Census, the Department of Education, Employment and Workplace Relations (DEEWR) released a “Skills in Demand List” that said the skill shortage is here to stay for the foreseeable future!

So does your boss recognize the hard work and extra hours you put in?

Now is the time for a “don’t thank me, pay me” attitude – you’ve got nothing to loose!