New workforce plan to put
Australia will need a more skilled and qualified workforce to remain competitive in a world where work can be moved around the globe and restructuring was occurring at a rapid rate, according to new research.
workforce to work
The Future focus, 2013 National Workforce Development Strategy has been released by the Australian Workforce and Productivity Agency (AWPA).
It features economic modelling which indicates an additional 3.5 million people will be in Australia’s workforce by 2025 and that Australian industry’s need for higher qualifications will grow faster than for lower level qualifications in the years to 2025.
It also found that by 2025 more than 70 per cent of Australia’s workforce will have post-school qualifications, compared to today’s figure of 60 per cent, and three out of five new jobs will be technical, professional or managerial - with one million more professionals likely to be in the workforce.
Chair of the AWPA, Philip Bullock said the research showed Health Care and Social Assistance, Professional, Scientific and Technical Services and Education and Training would be Australia’s most rapidly expanding industries and would add more than 50 per cent of the new jobs.
“Improving our skills and increasing our productivity will be vital in sustaining Australia’s economic growth and prosperity,” Mr Bullock said.
“Economic restructuring will continue, maybe at an even faster pace, hence a critical element will be Australians having the skills they need to adapt to the change and transitions which occur.
“It will also be critical that those on the margins have access to new skills so they can re-integrate into the workforce.
“None of this is easy however Australia has a solid base upon which we can build.”
The strategy can be accessed in full at this PS News link.
Edition 353, 19 March 2013