The Queensland Resources Council (QRC) has highlighted that the state’s resources jobs market is outperforming vacancies in the rest of its economy at a rate of 15 to one.
According to QRC chief executive Ian Macfarlane, the State of the Sector report reinforces how important the resources industry is to Queensland.
The Queensland Major Projects Pipeline Report demonstrates that project pipelines are driving the sector’s labour demand.
Currently, there are around $2 billion of resource projects under construction, but that will grow to an estimated $19 billion.
“The development of Queensland’s resources sector pipeline provides an opportunity to create good, high paying jobs especially for regional Queenslanders,” Macfarlane said.
Macfarlane added that overall job advertisements in Queensland for resource-related jobs have risen around 15 times more than all jobs in the state economy.
“In the three years to April 2019, the number of job advertisements for mining-related occupations has increased by 94 per cent, whereas the number of job advertisements across all industries increased by just six per cent,” Macfarlane said.
The QRC’s latest CEO Sentiment Survey shows that 53 per cent of all QRC CEO members have planned to expand the entire workforce by around 10 per cent within their Queensland operations over the next 12 months.
Macfarlane emphasised that these opportunities should not be taken for granted, especially when Queensland’s unemployment rate is 6.3 per cent, according to the Australian Bureau of Statistics.
“Industry, government and regional communities must all row in the same direction to deliver those opportunities,” Macfarlane stressed.