New growth in Australian job markets

Date: Jan 27, 2012

The shifting nature of Australia's job markets have seen interesting levels of activity over the last year, with CommSec's Craig James noting some unusual growth patterns.

The eminent economist notes that - while the resource boom is having an obvious impact in certain areas, employment rates in other parts of the country are also lifting.

Western Australia is creating new jobs at a high rate, with the increase in population from mining activities having a flow on effect by increasing demand for professional services across a range of sectors.

A second area noted by James is the Hunter region in NSW, where the unemployment rate was an average of 2.3 per cent in 2011 - the lowest of any area in the country for the entire year.

The number of large infrastructure projects still in the pipeline may have something to do with the figure - with a new rail line and dwelling construction helping to buoy the local economy.

While these areas are enjoying a good level of employment for obvious reasons, Victoria's job markets seem to be experiencing a decent knock-on effect of its own.

Inner Melbourne was shown to have a jobless rate of 3.4 per cent - a number that was comparable to both Brisbane and Perth.

On top of this, the area has been able to create an additional 19,000 jobs over 2011, with a number of companies purchasing premises in and around the capital.

The Bendigo community of Loddon-Mallee also saw the introduction of 11,000 new roles in the previous 12 months, perhaps on the back of continuing flood recovery efforts.

However, the sustained demand for skilled workers is sure to see local talent pools dipped into quite extensively - leaving some businesses to explore the possibilities of hiring international employees to help fill their needs.

In cases where a firm is in need of an experienced staff member but find that local job markets are unable to meet their needs, they may be able to apply to sponsor foreign staff members.

An immigration lawyer is able to provide valuable assistance in navigating the legal requirements of each submission.

While sponsorship fees can be expensive and non-refundable should an application fail, using a migration lawyer to collate and review the necessary documentation in advance can help to give a new hire the best possible chance of success.