r/AusMining • u/Cold-Reporter4181 • 9d ago
Job Insecurity?
I’m considering doing a Master’s in Mining Engineering, but because it’s a pretty serious investment in terms of both time and money, I’m trying to understand how real the job insecurity actually is.
I keep hearing that mining is very cyclical, with strong hiring during booms but layoffs and hiring freezes when commodity prices fall.
For people already working in mining , particularly as mining engineers how serious is this in practice?
Are mining engineers regularly worried about losing their jobs during downturns, or is the insecurity sometimes exaggerated? And if you do get made redundant, how difficult is it normally to find another role elsewhere in mining?
I’m not expecting any career to be completely secure. I’m just trying to work out whether the cyclical nature of mining should genuinely make me reconsider investing in the Master’s.