Migration has yet to return to pre-pandemic levels as job vacancies hover near record highs. Read more at straitstimes.com.
CANBERRA - Australia raised its ceiling on permanent migration in a move that will allow as many as 35,000 more workers to enter the country this financial year as part of an effort to easeHome Affairs Minister Clare O'Neil announced the raising of migration caps during a speech to the government's Jobs and Skills Summit on Friday, saying it could mean thousands more nurses, engineers and agricultural workers for struggling Australian businesses.
The increase aims to alleviate Australian firms' difficulties in securing employees in a red-hot economy where the jobs market is the tightest in almost half a century. That supply evaporated when the country closed its borders in response to the pandemic and asked temporary residents to leave. Skilled migration similarly suffered.But migration has yet to return to pre-pandemic levels, compounding a labour crunch as job vacancies hover near record highs.
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