labour shortage myth

There has been another sizable drop in employment. Greedy employers continue to put out claims that there is a terrible shortage of labour in Australia, because they know that the larger the pool of unemployed the less the market rate for labour will be.

The so-called 'skills shortage' in Australia is mere industry propaganda to avoid training costs. This is despite Australia have an advanced industralised base and a deep capacity as an education training nation and indeed exporter of education! Industry argues that it doesn't spend on training because their trained staff leave - what an excuse!