It means demand for talent is high. Companies are finding it increasingly difficult to find good people to work for them. The mining boom in Western Australia and Queensland is drawing workers from elsewhere in Australia (and overseas), adding to the challenge faced by employers in Sydney.
So regardless of the type of work you do, and whether or not you are actively looking for work, now is a good time to find a better job. And chances are you will be paid more, due to this shortage.
Now is a perfect time to attend a Career Workshop or talk to your Ward Employment Specialist about what you should do to take advantages of today's opportunities.