Staff shortages are becoming increasingly problematic for Australia’s listed companies, research from UBS has concluded ahead of Labor’s Jobs and Skills Summit.
“They’ve got strong end demand, they’ve got orders, and they’ve got the capacity to pay for labour, but they just can’t fill positions.”Food production, retail, transport and education sectors were most prominent in citing their inability to meet strong end demand and orders due to job vacancies, Mr Schellbach said, but technology and financial services are also impacted.
“What this results season and the commentary over the last few weeks illustrates is how broad-based and painful this labour shortage issue has become for corporate Australia,” the strategist said.
So sorry to see aussie farmers losses because other supported Australians on the dole refuse to W o r k ?.
Strange that the pandemic and Covid were not mentioned once in this article about major staff absences due to illness
How about paying the dole as well as the wage to get people of the dole and if they leave they can't recieve the dole until the previous dole is repaid.
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The $68b bargain hunter loading up on cyclical stocksJohn Goetz, co-chief investment officer of Pzena Investment Management, likes the risk-reward opportunity in UBS, Shell and Michelin.
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