The potential Impact of AI on the Australian Job Market

A recent survey by ResumeTemplates.com reveals that 38% of companies planning to implement AI by 2025 intend to replace some employees with this technology, up from 30% who reported layoffs for similar reasons this year. This trend highlights the increasing influence of AI on workforce dynamics, especially within the Australian job market.

Currently, a substantial 90% of business leaders indicate their organizations are already leveraging AI, mainly for tasks like data analysis, content creation, and research. Looking ahead to 2025, 17% of these leaders are certain that AI will lead to job cuts, while 21% consider it a strong possibility. Conversely, 31% believe layoffs are unlikely, and 23% are confident that AI adoption will not result in any workforce reductions.

Despite concerns about AI-driven job losses, a promising 82% of companies surveyed plan to expand their teams in 2025. There’s a strong demand for IT recruitment, particularly candidates with AI expertise, with 87% of employers favoring such skills. Notably, 67% of businesses believe that employees proficient in AI enjoy better job security.

AI is also seen as a catalyst for productivity, with 53% of respondents affirming that it significantly boosts workforce efficiency. Among these, 67% anticipate that employees utilizing AI will be able to manage a heavier workload each week. This shift towards AI integration underscores the need for a skilled workforce in IT, which could reshape job opportunities and demand within the Australian job market.