Australian employers prioritise AI reskilling over new hires

Australia's unemployment rate remains steady at 4.4 per cent, with 76,000 new jobs added to the economy and increased workforce participation. CEOs are increasingly choosing to retrain existing staff in AI and technology skills rather than hiring new workers, with EY reporting twice as many organisations committing to reskilling programmes. The demand for AI capabilities is reshaping workforce requirements and career development strategies.See omnystudio.com/listener for privacy information.