The July Australian Labour Market for Migrants (ALMM) report shows that while the Australian labour market continues to perform well, a recent economic slowdown has seen conditions ease.
A wide variety of industries experienced growth, with the largest increases in trend employment seen in:
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Health Care and Social Assistance (up 116,700)
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Education and Training (up 46,800)
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Construction (up 45,900).
The largest decreases in employment occurred in Mining, Retail Trade and Financial and Insurance Services.
Electricity, Gas, Water and Waste Services saw the strongest rates of employment growth (up 6.8%) over the 12 months to May 2024, followed by Arts and Recreation Services (up 6.5%).
Hot Topic: Pathways to permanent skilled migration and related labour market outcomes
Using the 2021 Australian Census and Migrants Integrated Dataset (ACMID) for analysis, we see that temporary skilled visa holders had shorter pathways to permanency than those who first arrived on a student or working holiday visa.
Data also shows that approximately 464,000 migrants entered Australia between 2012 and 2021 under one of four main Skill Stream visa programs.
Learn more about this, plus other findings in the full report.
This report provides high-level data and analysis on the Australian labour market, to better inform people interested in working in Australia on a temporary or permanent basis, and organisations providing services to migrants and potential visa applicants.
