The employment outlook has improved for university graduates according to economic policy Professor Peter Kenyon.<\/p>\n
The Curtin Business School Professor said the demand for skilled labour was again on the rise in Australia.<\/p>\n
‘The job market is definitely better than six months ago for graduating students,’ he said.<\/p>\n
Professor Kenyon said continued population growth from interstate and overseas migration would lead to the creation of more jobs in the service industries.<\/p>\n
‘Job prospects for graduates in service industries like health and education will certainly improve significantly,’ he said.<\/p>\n
Professor Kenyon said Australia dodged some of the worse affects of the financial crisis and that WA was doing much better than other states.<\/p>\n
‘We didn’t officially have a recession,’ he said.<\/p>\n
‘A recession is defined by two successive quarters of negative growth and we haven\u2019t experienced this, nor are we likely to do so in the near future.’<\/p>\n
‘The WA economy is actually ideally placed for recovery because there has always been a demand for our commodities from Asia, and especially China.’<\/p>\n
Professor Kenyon said graduates studying in mining related fields such as engineering, would also see their employment prospects improve.<\/p>\n
According to Professor Kenyon, WA’s mining, and related service industries have played a major role in WA’s economic recovery.<\/p>\n
‘Although the amount of people directly employed in the mining industry is small, the business activity that surrounds mining and mining related industries is huge,’ he said.<\/p>\n
‘Numerically only a bunch of people work in the mines, but what we have to recognise is that they come back to Perth, and spend a lot of money, this boosts the economy and benefits other industries indirectly.’<\/p>\n","protected":false},"excerpt":{"rendered":"
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