Skilled migrants to Australia are apparently not doing what they were meant to : get jobs. 🦘👷 [MacroBusiness (MB)]: The notion that Australia’s migration program was ever ‘skilled’ is debunked by the empirical data from the Department of Home Affairs’ Continuous Survey of Australia’s Migrants. This survey shows that recent permanent migrants experienced higher rates of unemployment and are paid less than the general population: And the government has been sitting on this. Tsk. Tsk. Before borders reopen, let's use the opportunity to re-introduce a little conspiratorial thinking: [MB]: Thus, this ‘skilled’ migration program is actually undercutting local workers and adding to Australia’s unemployment queue. As such, it helped drive Australian wage growth to record lows : How, exactly? Migrant unemployment higher than the general population's implies that employers are preferring to employ local Australians (at presumably higher wages). If migrants are offering to work at sca
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