A study conducted by the Australian Bureau of Statistics and the Household and Income Labour Dynamics of Australia (HILDA) group has found that job losses caused by the introduction of an emissions trading scheme (ETS) would cause minimal deviation from the mean over the next ten years.

 

"The projected job losses from the ETS, particularly when considered over a 10-year time horizon, are in a statistical sense close to invisible with respect to employment and unemployment stocks, and trivial with respect to aggregate flows in the labour market," the study found.

 

The findings come as the Minerals Council of Australia warned that the implementation of an ETS would lead to job losses in the mining sector of up to 23,510.

 

The ABS study found that between 26 and 36 per cent of employees are either joining or leaving the workforce in any given year.

 

"With respect to mining sector employment the projected losses are a very small proportion of overall inflows to and outflows from mining."

 

The ABS paper can be accessed here