14 March 2008

Unemployment rate falls, promoting Australian visa opportunities

The unemployment rate in Australia has fallen to a record 33-year low, providing good news for people considering Australian immigration. Official figures have revealed that the economy added twice as many jobs as was expected in February.

Over 36,000 jobs were added last month, marking the 16th consecutive month that there had been a jump in the number of jobs. Stephen Halmarick, co-head of market economics at Citi, told Reuters: 'The RBA has made it pretty clear they are looking for a significant slowdown in demand. It's going to be hard for them to achieve that outcome given the strength of the labour market, even with the obvious weakness in confidence in global financial markets." With the improvement s in the job market in Australia, now could be a good time to take advantage of Australian immigration. The Australia Migration Occupation in Demand List (MODL) shows people which professions are needed most in the country.

In related news, more people are needed to work in the accounting industry in Australia. The sector has created a skilled migration programme to cope with skill shortages.

Australia needs skilled workers: Anyone applying for an Australian visa should begin by completing the Australian Visa Bureau's online Australian visa application to see if they meet the Australian visa requirements.