Home topics workplace hr-and-staff Managing News Staff Managing Unemployment to rise and businesses to fail as a result of Queensland floods David Olsen January 13, 2011 Not only have the Queensland floods devastated whole communities with water damage and loss of life, but predictions are that affected communities will be hit by an increase in unemployment followed by skills shortage as people rebuild forcing hundreds of small businesses to close. The former Head of Australia’s oldest employment company, Drake International, Matthew Tukaki has warned that the Australian economy and employment markets need to brace themselves for the aftermath of the Queensland Floods. “The closure of the central business district of one our largest cities, a capital city at that, is very much another example of how far this crisis has got to go and the work that must be done once it abates – the reality is that more than 75 percent of the Queensland mining sector has had to shut down with large parcels of infrastructure ruined. The sugar crops that are ready for harvest are largely gone and the planting of the new crop may not happen – with small and medium business faced with so many financial pressures, the reality is business itself is at a significant risk.” Mr Tukaki has said. “In turn, this has already impacted jobs and employment – people are simply not able to get to work, or the workplace just no longer exists. I estimate that thousands of small and medium sized