Believe it or not, the average Australian will change occupations not once, but more than twice over the next 20 years.

 

And that's not just changing jobs—it's likely to be a complete shift into a different occupation.

 

Today, Simon Kuestenmacher and I discuss the evolving landscape of work in Australia, and explore the factors driving this change, including technology, demographics, and the need for flexible education and training systems.

 

The conversation also explores the role of migration in the workforce and highlights the importance of developing soft skills in preparation for future job markets.

 

Ultimately, we highlight the potential for positive outcomes from embracing career shifts and the necessity of adapting to a rapidly changing world.

 

Takeaways 

 

·         The average Australian is expected to change occupations more than twice in the next 20 years.

·         Job mobility has decreased since the mid-90s due to housing affordability.

·         Change is often seen as scary, but it can lead to new opportunities.

·         Education systems need to adapt to prepare workers for changing job markets.

·         Migration can fill skills gaps but should be managed strategically.

·         Soft skills are becoming increasingly important in the workforce.

·         Individuals must be proactive in upskilling and adapting to change.

·         The pandemic has shaped a generation that is more resilient to change.

·         Career zigzagging is becoming more accepted in the job market.

·         Employers should invest in training to retain talent.

 

Chapters 

 

00:00 The Future of Work: Changing Occupations

04:33 Drivers of Job Change: Technology and Demographics

09:12 Education and Training for Career Transitions

13:37 The Impact of AI on Job Markets

17:59 Migration and Its Effects on Local Employment

22:36 Skills for the Future: Adapting to Change

 

About Simon Kuestenmacher

 

Simon Kuestenmacher  is co-founder and Director – The Demographics Group

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