u/Achutneypie

Insider trading

Is insider trading a real thing, especially with the Trump administration and also how can we get in on this? or atleast try prevent this.

reddit.com
u/Achutneypie — 2 days ago

Volatility indicators

Hi i am fairly new to trading, i just want to know what volatility indicators some of you guys use, if any, and why you use a certain indicator

reddit.com
u/Achutneypie — 2 days ago

Naarm scholarship

Hi guys so last year after finishing high school I got an email saying I got a scholarship from university of Melbourne specifically the Naarm scholarship and my dumbass didn't know what it was at the time and just ignored thinking it was a scam email 😭😭 and mind you I got the scholarship before I got my actual offer email for my course so I just naturally didn't respond to the scholarship and I also deferred my course to 2027 when I got my offer as I am on a gap year, so recently I was looking through my emails and found the scholarship and I haven't responded to this scholarship so would I still be able to get it especially after deffering my course to next year.

reddit.com
u/Achutneypie — 3 days ago
▲ 12 r/ausjobs

Graduate Employment

How come everyone usually on reddit but also in general say the job market for engineers especially graduate engineers is terrible when the graduate full time employment rate last year within the first 4 months for engineers in aus was 85 to 88 percent??? is it just fear mongering or am i missing something.

reddit.com
u/Achutneypie — 4 days ago

How hard is making friends in melbourne uni, specifically in bachelor of science, mind you im not the general demographic that I would think would be in enrolled in the course, im not overly smart or creative or innonvative and only got into the course due to my SEAS, so will there be some sort of like elitism.

reddit.com
u/Achutneypie — 12 days ago

To anyone who is currently doing or has completed their Masters in EE how did you find the course, is it preparing you well or did it prepare you well for the real world, also how were the internships while doing it, did you guys find any and how is the job market now if you have grauduated.

reddit.com
u/Achutneypie — 12 days ago
▲ 56 r/ausjobs

The national unemployment rate sits at 4.3% with "shortages" in a variety of sectors. From just looking at the numbers, you might think the job market can't be that bad. Statistically, if I apply to 100 jobs I’m qualified for, I should be bound to get one, right? But when I go outside and talk to my friends about the terrible job market, the numbers and our personal experiences don't align at all.

Why? The answer is simple: the "shortages" are only for experienced and highly skilled people.

Youth unemployment sits at around 10%, while total youth underutilisation (the amount of young people who are either unemployed or want to work more to survive but can’t) jumps to 27 to 28%. This creates a massive bottleneck. 1 in 4 graduates cannot find full-time work within 4 to 6 months of graduating. Who knows how much higher that number gets if we include graduates who never find work in their actual field?

The Apprenticeship Trap

Even with the "trades shortage," apprenticeships are not easy to find. Commencement declined by 10% in the last year for skilled trades, mainly because businesses don't want to take on the cost of training new people. Plus, these apprenticeships usually have a completion rate under 60%, which speaks volumes about the terrible pay and workplace environments. We’ve basically got a quarter of the youth population competing for the same few entry-level, low-experience jobs, leading to an extremely oversaturated market.

The Migration Band-Aid

How does the government deal with this? Migration. Specifically, skilled workers. I’m not saying it’s a bad thing, but it needs to be capped when we can't even facilitate for our own citizens and youth, the future of the country. Moreover, the migration of these skilled workers brings in their families, which further adds to the saturation of entry-level, casual roles.

International students add to this as well. While I support international education as it fuels our economy, many students come here to settle and work. I’m not throwing shade; I come from an immigrant family and I know they are just trying for a better life, but it negatively affects the job market yet again. Why does the government choose to aggressively invest in a short-term solution for "shortages" while implicating the future of Australia’s youth? Why not subsidize and invest in the youth so they can get a better footing? Why let companies hire as they please for quick profit now, when no one will profit in the future?

The Offshoring and "Ghost Job" Scam

I am also incredibly skeptical of these shortages because companies are actively offshoring jobs. In tech, for example, a lot of recent layoffs were justified by "AI," while offshoring was the true culprit. The BPO (outsourcing) market is around 4 to 5% in Australia.

The craziest part? Recent surveys show that nearly 40% of hiring managers admit to posting "ghost jobs" listings for roles that don't even exist. On sites like Indeed or LinkedIn, it’s estimated that up to 1 in 3 postings are fake.

The JSA's own data shows a massive "Suitability Gap." There isn't a lack of people with the right degrees; there’s a lack of companies willing to hire someone who isn't already a 5-year veteran. They’d rather call it a "shortage" and post ghost jobs to make the government think offshoring is the only way to fix the problem, rather than investing a cent in a local graduate.

I know the JSA conducts assessments to see if a company has a real shortage, but there are always ways around it. If the government can use AI and statistical modeling to find discrepancies, why can’t a company use AI to bypass those assessments?

As offshoring and migration continue to run rampant, coupled with AI’s ability to do entry-level white-collar jobs, why does the government still choose to ignore Australia’s struggling youth?

reddit.com
u/Achutneypie — 12 days ago