Recently released government projections for the engineering workforce up to May 2023 indicate that, depending on the Unit Group, the market will be at best subdued and at worst poor.
The predictions for the workforce size of engineering Unit Groups by the Department of Jobs and Small Business (DJSB) can be found here under ‘Occupation projections’: http://lmip.gov.au/default.aspx?LMIP/EmploymentProjections and in graphical form here: https://engineeroversupply.weebly.com/workforce.html The predicted annual growth rate over the next five years for each of the seven engineering Unit Groups is: 2331 Chemical and Materials Engineers 2.1% per annum 2332 Civil Engineering Professionals 2.6% per annum 2333 Electrical Engineers -0.5% per annum 2334 Electronics Engineers -1.0% per annum 2335 Industrial, Mech. and Prod. Engineers -1.5% per annum 2336 Mining Engineers -1.2% per annum 2339 Other Engineering Professionals 3.2% per annum The predicted overall growth rate for ANZSCO Minor Group 233 ‘Engineering Professionals’ is 1.0% per annum. Compared with last year’s projections, the outlook has worsened for Mining Engineers; Industrial, Mechanical and Production Engineers; Electronics Engineers; Electrical Engineers; and Civil Engineering Professionals, although for this latter group the expected growth rate is still positive. The outlook has improved for Other Engineering Professionals, which is a mixed group of unrelated engineering occupations. It has also improved for Chemical and Materials Engineers. It should be noted that it is almost impossible to predict the workforce size for individual occupations or Unit Groups more than two years in advance, as can be seen from the graphs of DJSB predictions for the last three years at: https://engineeroversupply.weebly.com/workforce.html Comments are closed.
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November 2018
CategoriesAuthorJim Oakley |