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On this episode of The nestegg Podcast, the CEO of Industry Super Australia, Bernie Dean, shares his insights into the impact of COVID-19 on super funds.

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Bernie joins host Grace Ormsby to unpack how the economic downturn has been affecting different demographics, why many in the older age bracket are experiencing increased levels of anxiety, and what those people can do to preserve their nest egg and minimise their losses.

Bernie also delves into Industry Super Australia’s stance towards accessing superannuation early as part of the government’s stimulus measures, whether now is a good time for people with the means to contribute extra to their super, and industry fund plans for a road to recovery for both their members and the national economy.

Thanks Bernie, for sharing your insights with the nestegg podcast team!

You can keep up to date with what Industry Super Australia are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Thursday, 04 June 2020

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7 sectors bucking the unemployment trend

By Grace Ormsby · April 15 2020

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Earn

7 sectors bucking the unemployment trend

By Grace Ormsby
April 15 2020

Reading:

7 sectors bucking the unemployment trend

By Grace Ormsby · April 15 2020

Reading:

Despite the Treasury’s prediction that Australia’s unemployment rate is set to double in coming months, there’s still an “urgent need” for skilled and non-skilled workers across sectors nationwide.

Jobs platform SEEK has noted a “mass reduction” in new job ads being posted on its site, but highlighted an urgent demand for workers in specific industries at the same time.

A SEEK report has flagged seven areas where this demand is predominantly being found:

Essential retail services

These roles are situated across warehouses and distribution chains. They include jobs such as shelf stackers, delivery drivers, supply chain managers and warehousing supervisors.

Manufacturing

According to SEEK, the additional demand for household staples has seen manufacturing businesses need workers to keep up with production to improve capacity.

Mining and resources

Large resource companies are still looking for highly skilled roles such as diesel fitters and auto electricians. There is also demand for more general skilled roles, such as truck drivers and machine operators.

Virtual working and digitisation

Software development and cyber security are in demand, thanks to the number of employees who have suddenly found themselves working from home.

Family support

Nannies and tutors jobs are still on offer, with parents and carers who are working from home now searching for additional support in care and education capacities.

Healthcare

Due to the health-related nature of the COVID-19 crisis, it shouldn’t come as a surprise that jobs are still to be found across a number of nursing specialisations, pharmacy, physiotherapy, OT and rehabilitation, psychology, counselling and social work.

Customer support

With a number of large organisations bringing their call centres back to Australian shores to comply with policies, SEEK has observed an upswing in jobs for call centre operators, managers and customer support staff.

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About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.