They Terk Er Jerbs

Australian net migration and labour market to scale.

The go-to explanation for why the labour market is the way it is seems to be immigration.

But the labour market is more than just the unemployed and migrants.

Migration undoubtedly has an effect, but going by scale alone the conduct of the employed - the conditions they accept or reject and the bargains they drive for - has greater impact on job seekers.

Also in play are vacancies, which like population has huge differences across regions and sectors.

All that said, what you see in the chart is going to be different from what I see in the chart.

So while there are expectations for reform post-pandemic, I don't see consensus on what needed adjustment.

I do, however, think that defaulting the conversation to immigration sounds like this:

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dtcwee: The Value of Nothing

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