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Up & Coming Geoscientists - a sample of our AIG Honours Bursary Recipients

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Geoscientist Employment in<br />

Australia Continues its Slide<br />

Andrew Waltho<br />

<strong>AIG</strong> Councillor, Australian Institute <strong>of</strong> <strong>Geoscientists</strong><br />

Employment prospects for Australia’s<br />

pr<strong>of</strong>essional geoscientists declined<br />

further in the last quarter <strong>of</strong> 2015<br />

according to the results <strong>of</strong> the latest,<br />

quarterly survey by the Australian Institute <strong>of</strong><br />

<strong>Geoscientists</strong> (<strong>AIG</strong>). At 31 December 2015,<br />

the unemployment rate amongst Australian<br />

Latest Employment Survey<br />

geoscientists was 18.7% and the underemployment<br />

rate was 23.4%. The combined<br />

unemployment and under-employment rate <strong>of</strong><br />

42.1% was the highest recorded since the <strong>AIG</strong><br />

surveys commenced in mid-2009.<br />

Less than 50% <strong>of</strong> self-employed<br />

geoscientists were able to secure more than<br />

one quarter <strong>of</strong> their desired workload, pointing<br />

to a real unemployment rate <strong>of</strong> 31.1%, also<br />

the highest rate recorded by the <strong>AIG</strong> surveys<br />

to date and more than 10% higher than at the<br />

peak <strong>of</strong> the global financial crisis <strong>of</strong> 2009.<br />

Geoscientist employment declined in<br />

every state, except NSW where it remained<br />

static, and Victoria where unemployment<br />

actually fell but under-employment increased.<br />

The greatest increase in unemployment<br />

was observed in Queensland, where<br />

unemployment and underemployment rates<br />

were more than 15% higher than those<br />

observed in September 2015, followed by<br />

South Australia.<br />

© ingimage.com<br />

Geoscientist unemployment and<br />

under-employment in Australia<br />

June 2009 – December 2015<br />

<strong>AIG</strong> NEWS Issue 123 · February 2016 15

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