THIS IS NOT GOOD NEWS
Why?
1. The situation on the ground is changing much faster than reported. It is ridiculous that we have 1200 new migrants showing up every week in Perth. Where to accommodate them? Not to mention the strain on the existing infrastructure.
2. The job creation rates (including some mining) have slowed down, thanks to the unions, high AUD and china. Not to mention the competition in getting jobs.
3. Second most desired job destination is not the same as plentiful jobs. This news is only good for people who already have jobs - and desirable jobs.
4. Cost of living. Eating out in Tokyo is cheaper than Perth.
----------------------------
Australia second most desired job destination
Save this story to read later
From: AAP
April 19, 2012 7:54AM
AUSTRALIA has emerged as the second most desired location, behind only the United States, for people to live and work, a report says.
The Global Professionals on the Move 2012 report from recruiting firm Hydrogen Group says Australia's popularity was due to its lifestyle and standard of living, as well as the career opportunities presented by the mining boom.
Hydrogen managing director for Australia Ivan Jackson said there were 404 natural resources projects taking place in Australia worth about $450 billion.
"A lack of relevant skilled professionals is one of the main barriers to bringing these projects to fruition," Mr Jackson said in the report, which was released today.
"Many oil and gas projects are reaching a point where they will suddenly need several thousand extra workers.
"In the next two to three years recruitment to Australia will be at its highest ever."
Overseas experience was also highly valued by employers, particularly in the energy sector, the report said.
Hydrogen said while 59 per cent of its clients stated international experience was important in prospective employees, the figure rose to 100 per cent for those from the energy sector.
"In fact, the opportunity to work overseas is one of the reasons young people enter the profession," the report said.
The report said the most common reason working professionals were seeking jobs overseas was to develop their careers.
Australia tied second with the UK as the most popular place to work, followed by Singapore, Canada, Switzerland, Hong Kong and France.Some 90 per cent of respondents believed relocating for work accelerated their personal development, while 86 per cent said it improved their career prospects.
Moreover, 83 per cent said their salaries rose on the back of their overseas experience.
The report found 15 per cent of women working overseas were women aged 40 years and above, compared with nearly 50 per cent of men in the same age demographic.
The survey, which was conducted by ESCP Europe, comprised responses from 2353 professionals from 85 different countries obtained during November 2011.
Read more: http://www.news.com.au/business/wor...on/story-e6frfm9r-1226332774821#ixzz1sYKfSFAH
Not everyone is in mining, gas or oil industry.
For Aussies, Australia's job opportunities are limited so they moved to US/Europe, SG or HK.
For Sinkies, they are discriminated in their own country so they moved overseas, Australia not neccessary provide the career opportunities they would want. Those in the financial industry, they are better off to HK, UK & US where these skillsets are sought after. Oz is pretty dead other than mining.