Jobs

Discussion in 'Property Market Economics' started by MTR, 30th Jun, 2020.

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  1. MTR

    MTR Well-Known Member

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    So we are currently losing 5000 jobs per week

    What will be the jobs that will be in demand???

    Will those who have lost their jobs be able to reinvent themselves???
     
  2. The Y-man

    The Y-man Moderator Staff Member

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    Interestingly the main group of people I know that lost jobs were international students - most of whom have flown back home. Almost all of my tenants have kept their work.

    The Y-man
     
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  3. MTR

    MTR Well-Known Member

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    This is good to hear

    However, clearly $5000 job losses a week is impacting on many industries
     
  4. The Y-man

    The Y-man Moderator Staff Member

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    - Retail (warehouse and storefront)
    - Medical front line
    - Pharmaceutical companies
    - Logistics (deliveries, transport)

    The Y-man
     
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  5. MTR

    MTR Well-Known Member

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    I was thinking child care
     
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  6. daiwaqa

    daiwaqa Member

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    Tourism related are hardest hit, house keeper, coach driver, duty free, cafes and restaurants lucky located. Any business dealing with immigrants and overseas students had ZERO income.
    But i guess at less half of those people working there are not PR/Citizen and could already left the country. Hence we start to hear that not enough ppl applying jobs,and jobseekers dont want to go back to work.
     
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  7. MTR

    MTR Well-Known Member

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    Jobseeker payments only till September unless its extended
     
  8. The_Billy

    The_Billy Well-Known Member

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    Almost every family member or family friend I know has been impacted by at least 1 job loss.

    The industries are varying;

    1. Construction
    2. Logistics
    3. Childcare
    4. Health
    5. IT
    6. Tourism
    7. Retail
    8. Financial Services

    Unsure

    I hope so
     
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  9. Duck1234

    Duck1234 Well-Known Member

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    Education job losses will come soon, give it a few months
     
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  10. Duck1234

    Duck1234 Well-Known Member

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    And I highly suspect that if the government asked the banks to extend mortgage holidays, job losses will start in the banking sector too. Got to cut costs somewhere
     
  11. Angel

    Angel Well-Known Member

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    Farmers were having difficulties getting pickers due to no seasonal workers being allowed to travel. and no foreign travellers. I assume this will pick up shortly.
     
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  12. willair

    willair Well-Known Member Premium Member

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    I think most trades people will stay employed,the same as mechanical car workshops as more people are now having their cars serviced, but people working within the services airlines and tourism related will be hammered for years ..the one item I've noticed when walking in the early morning when most times inner city Brisbane is gridlocked the place is like a ghost town and either they are working from home or found a unexpected hobby which is another boom area within itself.imho.
     
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  13. The Y-man

    The Y-man Moderator Staff Member

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    Already here.

    The Y-man
     
  14. Scott No Mates

    Scott No Mates Well-Known Member

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    • Employment consultants (head hunters)
    • Pre-employment testers (audiologists, doctors, physios etc)
     
  15. MTR

    MTR Well-Known Member

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    Yes, heard about this

    Also seems some business owners Critising People on jobseeker who are taking advantage of this and not interested in finding a job.

    Government too generous? Personally I don't think so, people losing their jobs no fault of their own.
     
  16. MTR

    MTR Well-Known Member

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    Employment consultants????? I would have thought opposite, lean times, no jobs and too much competition. Employment agencies will struggle??
     
  17. Tattler

    Tattler Well-Known Member

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    I was speaking withe my agent and he told me that he has been forced to work only 4 days a week, and with corresponding 20% pay cut. He told me other contract based employment consultants were let go.

    When there are not as many jobs available in the market it means the employment agents are going to get smaller cuts overall. Hence the job losses.
     
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  18. essendonfan

    essendonfan Well-Known Member

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    Listen to Scott Galloway, has a really interesting take on US colleges and thinks 1/3 will not see through this.

    When I read a dean/professor at La Trobe is on $1million a year, I think there will also be a shake up here
     
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  19. MTR

    MTR Well-Known Member

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    He will have to take a hair cut I am sure
     
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  20. TAJ

    TAJ Well-Known Member

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    Most tradespeople I know are busy.
    Hospitality and tourism employees...... Not good.