The employment market is changing. In the coming years, many businesses could face a difficult task obtaining the workers they need.

Take a minute to consider the impact of the following projections on your business:

• Over the next five years the estimated impact of population ageing is equivalent to a shortfall of 195 000 workers. Read more: Workforce Tomorrow During the entire decade of the 2020s, the working age of the population is projected to increase by just 125,000, compared with an annual increase of 170,000 at present. Read more: A business guide for supporting older workers   
• Today, there are approximately five people of working age for every Australian over 65. That figure will be halved by the middle of the century.
  Read more: Australia's demographic challenges   
• The median age of the population is expected to rise from 35 years today to 46 years in 2051.
  Read more: The national strategy for an ageing Australia 

If the skills shortage is not addressed now, there may not be enough people to sustain your business in the future. Act now by putting strategies in place to attract, recruit and retain experienced workers and preserve critical knowledge within your organisation.