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Better migrant job matching could boost Australian economy by $6 billion annually

Better migrant job matching could boost Australian economy by $6 billion annually. Source: Pixabay

New research has found that addressing the mismatch between the skills of migrants and the jobs they currently work in, could boost the Australian economy by six billion dollars a year.

The economic modelling by Curtin University found only 60 per cent of migrants from non-English speaking backgrounds are working in jobs for which they are well-matched.

Economists at Curtin University used data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey to calculate the size of the skills mismatch involving migrants.

The survey collects household-based data on 17,000 Australians each year since 2001.

Researchers concluded that only 60 per cent of migrants from a non-English speaking background are working in jobs well-matched with their skills and educational qualifications.

The report found 48 per cent of immigrants from non-English speaking countries had a tertiary degree, compared to 33 per cent of Australian-born citizens.

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