Wednesday, February 16, 2011

Skills shortage or job shortage? Who should we believe?

At the same time as a “recruitment expert” was telling us of the impending skills shortage, the Courier Mail (on 8 February) published an article predicting a rise in unemployment in QLD and only a slight positive move in the unemployment figures across the nation… …

“…..QUEENSLAND could be looking at a rise in unemployment above 6 per cent after data showed a big fall in internet job ads in the state during January.

Economists are tipping that nationally there will be a slight fall in the jobless number released later this week, but the Advantage Job Index, which tracks internet job advertisements, fell more than 5 per cent in Queensland with big drops in transport, building and construction, and hospitality and tourism.

The decline was the worst in almost two years for Queensland…”

With different opinions being thrown around who are we to believe? Believe who you want, but consider why are we so quick to jump on the band wagon and start shouting about either feast or famine?
  • Extremes sell
  • Extreme negatives give people an option to take a swipe at governments
  • The perception of higher unemployment helps stabilise wage/salary expectation
  • A perception of a skills shortage helps recruiter justify their existence and their fees

However, the decline in QLD during January could be quite easily explained away by the floods and cyclones. Businesses simply were not there to advertise. Brisbane CBD closed for almost a week so what do you expect – there is bound to be a decline in advertised jobs as January only had 3 weeks! Not rocket science is it?

There is always something to gain from pushing extreme views – financial, political, personal and for every view there is a counterview.

The upshot is – don’t believe everything you hear or read – it’s generally never as bad or good as they are making out.

Concentrate on making yourself as marketable as possible in your own field and you should succeed regardless of what the pundits are pushing.