Funding for Technical and Further Education Reduced!
We constantly hear about the nation’s lack of skills. An uneducated society is detrimental to employment opportunities. The large percentage of unemployment is blamed on the fact that the available skills in the labour pool do not align with available jobs. General lack of qualification and workplace training has created recruitment difficulties for over two-thirds of business.
Understandably, the Victorian government is under fire after a $300 million cutback to Vocational Education and Training funding. With emergency meetings called today, the move is pinned as a retrograde step which will lead to widespread job loss in the future.
The development of universal skills, including online training, first aid and training and assessment, is critical to job creation. The modern job market is becoming increasingly susceptible to threats. Globalisation promotes off shoring of jobs and leads to a lack in hiring. There is also the prominent trend of temp workers. Usually restricted to administration and processing positions, temp employees now represent a large percentage of human resource managers, accountants and engineers.
That being said, Australia’s VET system should be encouraging youth, due to replace retiring generations, to study Certificate III, IV and Diploma qualifications in high growth industries. Addressing the underlying issues will overcome the tremendous mismatch our market faces.
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