Recent University of Sydney graduate Chriso Chindilas is preparing to enter a rapidly changing Sydney jobs market, as economists predict shifts in where and how the city works over the next decade.
The 23-year-old commerce and law graduate, who completed internships spanning private equity and venture capital, is set to begin a career in financial services.
While excited to work with new technology and financial strategy, Chindilas does not expect to remain in the same role long term as Sydney’s economy evolves.
Experts say major transport projects, including expanded metro rail lines, will decentralise employment away from the CBD toward hubs such as Parramatta, Macquarie Park and Liverpool.
Growth is also forecast in healthcare, logistics, construction and professional services, while artificial intelligence is expected to reshape, rather than eliminate, many white-collar jobs.
Economists warn, however, that rising housing costs and an ageing population could make it harder for young people like Chindilas to build long-term careers and lives in Sydney.
Source: Sydney Morning Herald.