David Spade
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South Australia 'heading for zero unemployment'
SA is expected to have both new work in mining and defence and vacancies created by a surge in retirements. Source: AFP
But the demand will also provide a chance for South Australia to come close to eliminating unemployment.
The state is expected to have 134,000 jobs up for grabs, both new work in mining and defence and vacancies created by a surge in retirements in the health, education, administration and service sectors.
Baby boomers are expected to retire at the same time as older workers, who suffered recent superannuation losses and stayed in the workforce. New research published through the University of Adelaide's Australian Institute for Social Research reveals about one-third of the state's workforce of 788,900 people will be at the retirement age of 55, or older, in 2012-13.
Executive director Dr John Spoehr said the surge in retirements would coincide with a period of strong economic growth and there would be significant skills shortages if this were not addressed now.
"Then we do have a situation where the demand for labour is set to significantly outstrip supply," he said.
Dr Spoehr said employers needed to act quickly to reverse the effects of the global financial crisis, when jobs were cut or staffing freezes implemented.
"Now they've got to suddenly come to terms with coming to a substantial period of growth.
"It's very important to start trying now and create more apprenticeship and traineeship opportunities."
He said workers contemplating retirement would need encouragement to stay in the workforce to meet the shortfall while younger workers were trained.
Workers needed better childcare support and workforce development strategies were also required, he said. "The good news is there's no real excuse for us not achieving the closest thing to full employment since the immediate post-war period," he said.
ACH Group's north region residential service manager Jo Boylan said it developed specialised training programs for new staff two years ago so it could avoid future skills shortages in the aged-care industry.
She said the group had offered traineeships to several retrenched workers as part of its staffing plan.
"We've put a large amount of training into staff from overseas and acknowledging that these are the changes that are coming into our industry," she said.
SA is expected to have both new work in mining and defence and vacancies created by a surge in retirements. Source: AFP
- 134,000 jobs expected to be up for grabs
- Retirements coinciding with economic growth
- Significant skills shortage looming
But the demand will also provide a chance for South Australia to come close to eliminating unemployment.
The state is expected to have 134,000 jobs up for grabs, both new work in mining and defence and vacancies created by a surge in retirements in the health, education, administration and service sectors.
Baby boomers are expected to retire at the same time as older workers, who suffered recent superannuation losses and stayed in the workforce. New research published through the University of Adelaide's Australian Institute for Social Research reveals about one-third of the state's workforce of 788,900 people will be at the retirement age of 55, or older, in 2012-13.
Executive director Dr John Spoehr said the surge in retirements would coincide with a period of strong economic growth and there would be significant skills shortages if this were not addressed now.
"Then we do have a situation where the demand for labour is set to significantly outstrip supply," he said.
Dr Spoehr said employers needed to act quickly to reverse the effects of the global financial crisis, when jobs were cut or staffing freezes implemented.
"Now they've got to suddenly come to terms with coming to a substantial period of growth.
"It's very important to start trying now and create more apprenticeship and traineeship opportunities."
He said workers contemplating retirement would need encouragement to stay in the workforce to meet the shortfall while younger workers were trained.
Workers needed better childcare support and workforce development strategies were also required, he said. "The good news is there's no real excuse for us not achieving the closest thing to full employment since the immediate post-war period," he said.
ACH Group's north region residential service manager Jo Boylan said it developed specialised training programs for new staff two years ago so it could avoid future skills shortages in the aged-care industry.
She said the group had offered traineeships to several retrenched workers as part of its staffing plan.
"We've put a large amount of training into staff from overseas and acknowledging that these are the changes that are coming into our industry," she said.
