Australia imported 536,000 people in a single year, producing the highest foreign born population since 1892, while housing falls 60,000+ short of target each year
Skilled workers are priced out of cities and regional areas are becoming the fallback. While this is going on, AI is also gutting jobs from the top down. The IMF says 60% of jobs in advanced economies are exposed, and Goldman Sachs estimates 300 million jobs globally. Law, finance, tech; the same degrees people went six figures into debt for are in danger When the office disappears, trades look like the obvious escape hatch. They pay top dollar in Aus right? The problem is that a quarter of our construction workforce are already migrants, and the government just issued the most skilled construction visas in a decade. This is who you’re competing against now. Trades that couldn’t find workers 3 years ago are about to have the opposite problem, and nobody’s running the numbers on what thats about to do to wages. We have a big problem brewing.
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Australia imported 536,000 people in a single year, producing the highest foreign born population since 1892, while housing falls 60,000+ short of target each year
Skilled workers are priced out of cities and regional areas are becoming the fallback.
While this is going on, AI is also gutting jobs from the top down.
The IMF says 60% of jobs in advanced economies are exposed, and Goldman Sachs estimates 300 million jobs globally.
Law, finance, tech; the same degrees people went six figures into debt for are in danger
When the office disappears, trades look like the obvious escape hatch. They pay top dollar in Aus right?
The problem is that a quarter of our construction workforce are already migrants, and the government just issued the most skilled construction visas in a decade.
This is who you’re competing against now.
Trades that couldn’t find workers 3 years ago are about to have the opposite problem, and nobody’s running the numbers on what thats about to do to wages.
We have a big problem brewing.