The growth of the Australian economy has been hobbling due to a silent yet costly issue: the mismatch of skills and employment. Grossly, $9 billion is wasted each year as 600,000 plus permanent migrants work below their skill levels. This mismatch poses one more threat to productivity as it calls for faster reforms in the efficiency of Australia’s immigration system and workforce integration. It has become even more vital that one understands the repercussions of this gap as the country undergoes urgent skills shortfalls.
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Source: https://imminews.com.au/