The employment surge this month also translates to a wake-up call for the Australian parliament to consider its policy on migration as the country now succumbs to higher demand for labour since 2006.

This is the shared sentiment of economists in their various reports issued to clients today. According to economists at the Commonwealth Bank of Australia in Sydney, as the jobs data surprisingly hits 49,500 in September, a need to increase labour migration of talented and skilled workers will exert less pressure on employers in term of finding the right people and giving out salaries.

"This gives enough reason for the Parliament to re-consider its position on it campaign against increasing migration," an economist commented. Prime Minister Julia Gillard actually took the opposite of the spectrum when her top opponent campaigned for a "Big Australia" during the last elections.

The economists warned that there would now be surmounting wage pressures as the labour supply also tightens. For the period of mid third quarter, jobs made available by the booming Australian economy rose to almost 50,000.

The immigration numbers, on the other hand, has tepidly grown to 61,800 in March 2010, according to preliminary estimates by the Australian Bureau of Statistics (ABS). It declined by 37 percent compared to 98,100 recorded during the same period in 2009. The ABS added there was only a 1.8% growth rate in Australia and 60 percent is attributed to migration.

Peak season

The country's labour market will gradually feel the pinch of this increasing demand for talent in some industries especially during these peak months of November to December.

Mr. Peter Gleeson, Executive General Manager for Recruitment for Chandler Macleod Group, these are the crucial months in 2009 that they got more requests from employers to hire more.

In an issued statement, Mr. Gleeson said aside from the high number of staff positions to be filled, employee skill levels still fall short of market expectations."

He noted that there must be a resonant wage push in some industries where a talent shortage is imminent and "which we can expect to see more of over the coming months as employers look to replenish staff levels."

He added that employers might not see a 'return on the dollar' as new recruits do not fulfil all the requirements for the roles they are hired for

"We can expect volatility and movement in the job market into November and December. As a point of interest, these months in 2009 were the busiest for Chandler Macleod in terms of candidates seeking new opportunities and employers looking to hire," he said.