Western Australian Job Market News
New incentives to employ mature age apprentices
WA Premier Mark McGowan recently unveiled a $5.2 million incentive for businesses to employ 200 new mature aged apprentices and trainees, alongside $4 million to extend the Apprentice and Traineeship Re-engagement Incentive, which was introduced in 2020.
Unemployment drops below 5% for the first time in a decade
Australia’s unemployment rate continued to fall in June, dropping by 0.2 per cent to 4.9 per cent – the first-time unemployment has dropped below 5 per cent in 10 years. WA’s unemployment climbed marginally to 5.1 per cent, increasing from 4.7 per cent in the previous month. The total employed persons in Australia is now 13.125 million – a record figure for the second month in a row.
Morrison Government launches new Skills Priority List
The Federal Government has released a nationally anchored assessment of Australia’s labour market analysis on occupations through the new Skills Priority List. Developed through the National Skills Commission, the list provides a current labour market rating and a future demand rating for occupations nationally, with current labour market ratings also available at a State and Territory level. The full list is available here.
WA mining and resources contribute $83 billion to national economy
The Chamber of Minerals and Energy WA reported that the State’s mining, oil and gas, energy and contractor industries contributed $83 billion to the national economy in 2019-2020. Research was conducted across 65 companies, asking them how much they contributed and where.