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