Thursday, August 18, 2011

The Gold Rush In Australia

I had an interesting chat with a friend and former colleague, who is the CEO of a talent management software company in Australia, today. While Europe and North America are seeing unemployment levels in the double digits, there is low unemployment there because of a big mining, resources and energy boom. The war for talent is real in Australia. Companies are spending a ton of money on attracting people and even more on retaining them.

Here is the latest labor market update.
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