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Australia has second-worst skills crisis in developed world

Australia is experiencing the second most severe labour shortages in the developed world, according to the latest OECD economic outlook, reinforcing calls for immediate government action to fix the skills crisis.

A record almost 3 per cent of all jobs were vacant in the March quarter, with 420,000 out of about 15 million positions waiting to be filled, according to data released by Australian Bureau of Statistics on Wednesday.

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