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Are you getting a job from the Federal Budget of 2020

Are you getting a job from the Federal Budget of 2020

As the vision of Josh Frydenberg is clear that he is trying to help the Australian economy in faster recovery by creating more jobs. As there are a lot of Australians who lost their jobs in the pandemic. So, people need to be informed about the sectors where more jobs have been created.

  1. Construction workers:
  • It is great news for all those who are in the field of building roads and other such things. After the spread of Coronavirus COVID-19, $14 billion has been invested into the infrastructure sector. This investment is enough to create more than 40,000 jobs in the next 4 years.
  • An additional $7.5 billion has been promised in infrastructure projects in every state of Australia. It will create more than 30,000 jobs in Australia.
  1. Younger people of Australia:
  • All the employers who provide jobs to the people of age 16-35 will get benefits from the new JobMaker Hiring Credit scheme.
  • So, all the employers who hire a new employee will get hiring credit with the help of this scheme for the upcoming 12 months.
  • Another $1 billion have been promised through JobTrainer scheme. This scheme is for supporting all those institutions that enhance the skills of jobseekers.
  1. Tradies:
  • Now, another 10,000 Australians are eligible to get home by this scheme. They have to pay only 15% of the total money and the rest of the money will be guaranteed by the government.
  • But this move will finally help the tradies. As more and more people will buy homes, there would be more jobs for painters, builders, plumbers, etc.
  1. Women:
  • $35.9 million have been granted for expanding the entrepreneur mentorship program for women.
  • Another package of $240.4 million is there to improve the workforce participation of women. This package will help a lot in providing financial independence to women and increasing their salaries.
  1. Regional workers:
  • All the regional workers who belong to the infrastructure field will be benefitted from a $30 million financial aid that is being provided to telecommunication projects (particularly those which are outside NBN fixed-line areas).
  • There would be another $100 million to help regional Australia especially the parts hit by Coronavirus and bushfires.
  1. Trainees and Apprentices:
  • There is a $1.2 billion package called Boosting Apprenticeships Wage Subsidy Package that is intended to create more than 10,000 fresh apprenticeships.
  1. Workers engaged in Aged care:
  • The Federal budget has provided $40.6 million for those who are eligible for aged care facilities. Such funding to enhance the aged care facility will help a lot in creating more jobs for those who are working in this sector.
  1. Workers in the energy sector:
  • As the economy of the country has been hit hard so the government is trying to cut down the power prices. The government can achieve it with the help of private firms. There is a grant of $250 million to make this possible. This in turn will create about 40,000 new jobs.
  1. Workers of manufacturing industries:
  • $1.5 billion has been granted to the six major sectors of manufacturing. Those sectors are space and defense, recycling and clean energy, medical products, mining, food, and drink. The majority of this fund will go in the projects of these sectors. This move is expected to create a large number of new jobs.

Though there are a lot of sectors where most of the people are getting a new job. It is based upon your situation whether you are eligible for one of these or not.

Are skills and workplace experience more valuable than a college degree?

The debate of education vs workplace experience is in full swing because nowadays, employers are looking for skills, traits, and personality for future leaders.

According to the latest report, it is found that around 2,552 workers in Australia (70%) say that work experience is beneficial to advance their career in the future.

In another report which was given by recruiter Hays from a poll stated that approximate 21% of people say informal learning advances the career of an individual, and the other 9% say formal education is beneficial for the best career.

These two reports say that people who haven’t attended college or university have higher chances of getting the best job. This means when other candidates are attending college or university at that time; those candidates are polishing their skills and traits to get selected for the job.

So, you may think that whose value is more- a degree or work experience. So, from all the above surveys and according to the people’s perception, expertise is a far better and effective way to get successful.

Let’s take an example- the field of accounting needs more on-job experience, which you will not get while studying accounting. That’s why more and more students are losing faith in tertiary education. And nowadays, many universities have hit back on this topic that only college education offers training to the specification field, but not develop the candidate for the workplace.

Today, in the corporate world, most of the employers are looking forward to that type of candidate who has both knowledge and skills. This is because the corporate world doesn’t want those candidates who have traditionally passed through the classroom. That’s why students are focusing on gaining skills and experience over a degree.

If you see the latest report that is given by the government, it stated that around 8.5% of bachelor’s students are unemployed, almost 16.8% of college

students are underemployed as they are doing the job that doesn’t need a college degree.

And this number of both unemployed and underemployed has doubled from the year 2007. So, don’t just rely on a college degree only as of the importance of learning skills matters a lot in this corporate and professional world. These four essential skills are: –

· Communication

· Problem-solving

· Critical thinking

· Social skills

But according to another report, it is found that greedy employers need both education and experience. So, if you are getting confused about what road you must take- university or job after completing school, then you can go for gaining both the skills.

Survival guide for graduates seeking job

Searching for a job has never been an easy process. Whether you are a fresher or experienced, searching for a job is challenging. Especially when passing out from the college, it is an entirely new world. And many questions come to your mind, such as how to start, what field to choose, which company you should apply, and so on. But there is nothing to panic as below mentioned are a few tips which would help you in keeping calm and taking a wise decision-

 

  • Your resume should be strong- Entry level roles get many applications, so if your resume is different, it would give a good impression. Ensure that you do not write much about your personal information such as energetic, flexible, etc. Instead of this, write more about professional skills and tell how can you be beneficial to the employer. Most importantly, your resume should be keyword search friendly, as if you include your technical skills or other competitive skills and soft skills, they make your resume visible and would reflect in the initial pages.

 

  • Seek feedback- Asking for feedback is vital as it would help you to grow and work on the negative points. Well, feedback can be both positive and negative. If you get positive feedback, that means you get to know about your skills and negative feedback states the field you need to work on. Whenever you work on any project or assignment, you should always ask your seniors to give feedback. Getting feedback is the best way to learn as it will help to improve your career and make your overall personality better.

 

  • Expand your search criteria- If you are looking for a job in finance and some particular companies, then do not just stick to them. Always try to expand your search radius by making a list of organizations you want to work, note down the job positions you can apply for, change the location, etc. as it is not possible that your dream company has the openings when you need the job. So change your preferences and apply in multiple companies for different job titles which you are capable of. This would help you in getting job quickly and would benefit your career as well.

 

  • Meeting new people- To build interpersonal skills and expanding your network, it is imperative for you to meet new people. You should try and make a point that you meet that one new person every week. Take people out for coffee or anywhere you are comfortable. This would make you more confident and would increase your knowledge too as more and more people you meet, they tell you new things which you are not aware of.

 

  • Prepare for your interviews- Never take your interviews casually, instead prepare for them thoroughly. Before going for an interview, do proper research on the employer and the organization. Ensure that you prepare answers for the basic questions asked in every interview and practice them with your friend or coach. Make sure that the answers are unique and convincing and should seem naturally made up. Also, try and ask some questions; in the end, as it will leave a good impression.

 

So, these were some of the tips to prepare yourself if you are looking for a job. Do not wait till you complete the graduation, start searching before so that you are not left behind.

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