Wasn’t immigration meant to solve the skills crisis?

Advertisement

The Australian’s Matt Bell published an article on the nation’s “skills crisis”.

It is based on a report from recruitment firm Hays, which found 85% of hiring managers are grappling with “skills gaps” that continue to worsen despite a softer market and strong immigration.

Skills gap
Advertisement

While skilled migration is frequently cited as a solution, only 37% of companies said they use it to address shortages, and roughly a quarter believe it skilled migration has failed to meet expectations.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.