One in ten Australian mining professionals unemployed
Nearly eleven percent of Australian minerals sector professionals, including engineers and geoscientists, are unemployed, according to an employment survey of almost 3000 individuals by the Australasian Institute of Mining and Metallurgy.
The figure is up from just 2% only 12 months ago, exposing the extreme damage of the mining sector downturn.
The survey also shows that nearly 10% of those with employment feel that they are underemployed.
The results of the student participants were interesting. Despite 96% of students currently looking for post-graduate employment saying that there are limited available opportunities, 57.3% of all surveyed students remained confident that they would find work upon graduation (eventually, I suppose).