Australia is reconsidering its seduction of skilled migrants as the jobless rate rises at home, yet analysts see sound economic reasons to keep the flow of workers coming and even opportunity in the firing frenzy abroad.
The tidal wave of global job shedding could be a rare opening for Australian recruiters to tap top talent and plug skill shortages that have plagued business here for years.
"There's going to be an extraordinary pool of experienced people looking for work and a real chance for Australia to fill gaps in sectors like health and engineering, which are crying out for them," said Stephen Roberts, an economist at Nomura.
"For economists, the case for skilled migration is cast iron, but as unemployment creeps higher, policy makers will surely come under pressure to cut back, and that would be a shame," he added.
Economic success has turned Australia into a major importer of people. Eighteen years of uninterrupted economic growth has generated a serious need for labor - everything from bricklayers to brain surgeons.
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Author: Wayne Cole
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Well, there's no doubt in my view that there is a strong link between the economic cycle and people's attitude towards Australian immigration
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