The South Australian Government has often spoken about how the mining industry will be the saviour of the state as the manufacturing industry declines. There has been a lot of coverage about this in the local newspaper but many people are still confused - due mainly to the scarcity of facts.
There is a good paper which analyses the situation and has attempted to quantify the employment implications (2006 -> 2014) at the South Australian Centre for Economic Studies.
It's well worth a read - here are a couple of relevant quotes from the paper.
"For 2006, the Centre projects an average of 5,090 mining-related jobs in this State. It should be noted that this is only a small component of the overall State labour market – just under 1 per cent of total full-time employment in South Australia. Mining is not a labour-intensive industry."
"Direct employment resulting from the ‘mining boom’ is estimated by the Centre to average 4,000 persons over the period 2005 to 2014. This is not a large number in context of the overall State labour market, currently generating over half a million full-time jobs. The significance of this labour requirement is that the majority of these positions involve trade, professional, or para-professional skills that are already in short supply. Furthermore, this labour demand may have a significant positive impact on regional areas where unemployment has historically often been very high."
Friday, September 7, 2007
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