Home' Employment Forecast : April 2010 Contents 15
MyCareer Employment Forecast
The Engineering Sector has suffered a slowdown, mainly due to an easing in construction and mining related activities in 2009,
but also because of persistent skill shortages in the engineering disciplines resulting in difficulties filling positions. In the year to
February 10 the number of positions fell, but this is about to change.
With the economy gathering steam and the Mining Sector in particular picking up, this employment category is expected to also
start showing improvement. Already there is stronger demand for engineering associates. Engineering management positions
have also been a source of strength, with jobs up 8.3%.
A real issue in this sector going forward is the expected rise again of skills shortages, with such shortages possibly forcing delays
or cost blowouts to infrastructure projects. This problem is expected to be further exacerbated by the imminent retirement of
a large number of engineers. Engineers Australia estimates that 70,000 engineers will have retired in the five years to 2011, but
there will be just 45,000 graduates, leading to a net shortfall of 25,000 engineers. Given the current number employed (136,000)
this is potentially a massive shortfall. Areas where the shortfall could impact most are in road building and engineering staff for
local Government as graduates seek more lucrative careers in private industry.
With the large number of projects, especially mining related, about to commence or now underway, demand for engineers is
expected to grow again. By November 10 this sector is forecast to expand 1.2%.
Construction Cap Ex
Source: ABS/EMDA Model 2010
With the economy recovering, shortages are expected again
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