Resources Jobs Outlook Remains Strong

Perth, Australia (PressExposure) July 28, 2009 -- With in excess of $72 billion worth of resource sector projects either committed or planned for Western Australia, there is continued strong demand for employees in the sector.

The number of employees in the industry peaked in November 2008. While there were a number of job losses in the first quarter of 2009, there continues to be 2,000 more people employed in the WA resources sector now than at the same time last year.

Despite the current financial crisis causing a weakening in general demand, the CME's Growth Outlook Study suggests positive growth will occur to 2020. In particular, rapid growth is projected to resume in the early part of the next decade which will boost employment opportunities in the sector.

"With such a strong outlook for the future growth in the State, the sector has recognised the importance of positioning itself to be prepared for the next growth phase and the need to build tomorrow's workforce today," said CME Chief Executive Reg Howard-Smith.

"Indeed, the current environment is the perfect opportunity for people considering a career in the resource sector to gain skills and position themselves for when growth returns.

"The resource sector actively promotes and supports the employment of the local workforce. However this is an industry that competes on a global market for critical skills. The resource sector is still experiencing a shortage in some areas which are important to business sustainability.

"To meet industry needs it is important the Australian skilled migration system is flexible and efficient," Mr Howard-Smith said.

CME encourages the Government to form the State Migration Taskforce announced in the 2009-2010 State Budget to ensure the development of a state migration strategy and policy framework for the next five to 10 years that is responsive to industry needs.

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Press Release Submitted On: July 28, 2009 at 3:24 am
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