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Bridging the Gap: Population, skills and labour market adjustment in WA

Author

Listed:
  • Alfred Michael Dockery

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Alan S Duncan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Astghik Mavisakalyan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Chris Twomey

    (Bankwest Curtin Economics Centre, Curtin University)

  • Loan Vu

    (Bankwest Curtin Economics Centre, Curtin Business School)

Abstract

This sixteenth report in the Focus on WA series takes a rigorous look at skills shortages and labour market dynamics in the WA labour market and provides a fresh conceptual look at what skills shortages are, new empirical evidence on how they arise, as well as potential responses by government and industry. The report explores barriers that prevent fuller engagement in the labour force as well as solutions in the short term and longer term that would improve access to employment opportunities, and by doing so, capitalise on Australia’s potential workforce talent. In addition, the report assesses the process and speed of labour market adjustments across Australia’s states and territories and highlights the unique features of WA’s labour market that impede efficient adjustments and prevent the full utilisation of potential labour.

Suggested Citation

  • Alfred Michael Dockery & Alan S Duncan & Astghik Mavisakalyan & Chris Twomey & Loan Vu, 2022. "Bridging the Gap: Population, skills and labour market adjustment in WA," Bankwest Curtin Economics Centre Report series FWA16, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
    • Handle: RePEc:ozl:bcecrs:fwa16
    as

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    File URL: https://bcec.edu.au/assets/2022/09/BCEC-Population-skills-and-labour-market-adjustment-in-WA-WEB.pdf
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    More about this item

    Keywords

    Western Australia; discrimination; labour markets; unemployment; underemployment; underutilisation; migration; labour market inefficiencies; skills shortages; labour shortages;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J7 - Labor and Demographic Economics - - Labor Discrimination

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