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Archive for the ‘Job Market Australia’ Category

Australian Job Market Skills Shortage Update for 2010

Saturday, July 17th, 2010

The Recruiter Daily posted an article on the 15th July 2010 outlining the current skills shortage within the Australia job market, specifically within the manufacturing and construction sectors. According to a report from the Australian Industry Group, over half of the vacancies listed in the first half of 2010 remain unfilled. These positions included metal fitters, machinists and engineers.

 

The hardest to fill vacancies included:

- Metal fitters and machinists (60% unfilled)

- Engineering professionals (52% unfilled)

- Metal casting, forging and finished trades persons (37%)

- Structural steel and welding trades (33%)

 

When a vacancy could not be filled in these areas, 38% of employers chose to up skill existing staff; 31% chose to outsource or sub-contract the work; and 18% redesigned jobs around available skills.

 

Cheers,

Annie Cerone

Australian Job Market Forecast for 2010-11

Friday, June 25th, 2010

The Recruiter Daily posted an article today forecasting the best and worst growth industries in Australia for 2010-11.

 

IBISWorld forecasts the top five growth industries will be: (1) Organic farming; (2) Online information services; (3) Insurance brokerage; (4) Mobile telecommunications carriers; and (5) Alternative health therapies.

 

The least five growth industries include: (1) Insulation services; (2) Wired telecommunication services; (3) Paper manufacturing; (4) Video hire outlets; and (5) Grape growing.

 

Hudson reports that the skills shortage in the IT sector poses a greater challenge than the Global Financial Crisis! The roles forecast as the most difficult to fill include project managers, program directors, business analysts and enterprise architects. Furthermore, Hudson also reported that many organisations are offering double the remuneration than those handed out in 2009! If you’re thinking of changing your career path into the IT sector or for those of you who already have the qualifications, skills and/or experience in this field but branched out into another field, this may be the perfect time to step right back in.

 

I’m here to help market you!

 

Cheers,

Annie Cerone

The Future of the Australian Job Market is Looking Promising

Friday, April 9th, 2010

The Recruiter Daily posted an article this morning providing an optimistic outlook into the future of the Australian job market based on recent research. A quick snapshot…

 

  • Unemployment has already peaked nationally and is on a downward trend.
  • WA posted the most promising figures across all the states with QLD second.
  • On a national scale the following industry sectors are predicted to rise in the near future: retail, government, and fast moving consumer goods (FMCG).

 

Cheers,

Annie Cerone

Latest Research on the Australian Job Market Skills Shortage

Monday, April 5th, 2010

The HR Leader Newsletter posted an article on the 23rd March 2010 indicating a possible skills shortage across three key job market sectors including manufacturing, construction and services. The following link outlines the entire article:

 

http://www.humanresourcesmagazine.com.au/articles/58/0C068258.asp?Type=59&Category=917

 

Cheers,

Annie Cerone

More on the Australian Job Market Forecast for 2010

Monday, March 15th, 2010

CareerOne.com.au posted an employment news article toward the end of January 2010 predicting week-to-week improvement and growth in the Australian job market. Commentary from human resource industry professionals on growth forecasts for each state is also featured:

 

http://www.careerone.com.au/news-advice/employment-news/jobs-australian-outlook-2010-20100121

 

Cheers,

Annie Cerone

Australian Job Market Update and Forecast for 2010

Friday, January 1st, 2010

The latest job market forecasts indicate overall growth in 2010 within the Australian job market. Hiring across all the states is set to rise with growth in key industry sectors. Australia is the fastest recovering nation in the Asia-Pacific region as documented in the latest quarterly figures compiled at the end of 2009. On a global scale, Australia also ranked quite high in recovery with regard to its hiring outlook for 2010. The job market skills shortage will again dominate the market. Figures show that the strongest growth will be in the services sector. Reported growth in other key sectors include mining, public administration and education, trade (wholesale and retail), and manufacturing. Those industry sectors also reporting growth (although with weaker figures documented) include financial services, insurance and real estate.

 

What an optimistic way to start the New Year!

 

Cheers,

Annie Cerone

Current Job Market

Thursday, July 23rd, 2009

Following is a link that provides valuable information on current market conditions across various industries supplied by Hays Recruitment:

 

http://www.hays.com.au/forecast/

 

Cheers,

Annie Cerone

Job Market Confidence

Monday, May 18th, 2009

Research has shown that despite the weaker job market, confidence among recruiters has risen slightly. Some 44% expected an increase in business in the coming quarter. Recruitment companies in some areas were still seeing strong trading conditions, particularly in healthcare and education. However, over the past two years demand has changed markedly in some sectors.

The volatile job market has brought about some big changes in the top 10 occupational skills shortages, with healthcare workers knocking engineers out of the long-held top spot. The top 10 skills-short occupations are:

1)   Health professionals

2)   Nurses

3)   Non-building professional engineers

4)   Medical technicians

5)   School teachers

6)   Non-building engineering associates and technicians

7)   Non-building electrical/electronic trades

8)   Electrical trades (building)

9)   Rail drivers

10) Social professionals

 

Cheers,

Annie Cerone

Job Market Statistics

Tuesday, May 5th, 2009

Latest statistics (from the Australian Bureau of Statistics) for the December quarter 2008 reveal that full-time employment has risen, part-time work has decreased, overall employment was up, and the participation rate has increased 0.1 percentage points to 65.1%. During December quarter 99,000 jobs went unfilled. Despite the growing economic downturn, there were still 39,000 unfilled professional jobs and 60,000 unfilled trades jobs during the December quarter. Demand for skilled labour exceeded supply by 110,000; however, this was down from a supply gap of 120,000 in the September quarter.


The latest Clarius Skills Index indicated that skilled jobs in media, marketing, medical research, hospitality and tourism, and science would be those hardest hit. The index measures labour supply and demand, where a score of 100 equals a balance between. Anything above that figure indicates a skills shortage, and anything below represents an oversupply. The index is currently at 103.1 suggesting that
Australia is still suffering from a talent shortage despite the worsening economic climate. The Skills Index also noted that despite the gloom in the economy, this figure is currently still higher than a year ago.

 

Although overall unemployment is rising, the skills shortage is still severe in some sectors. The Skills Index for building and engineering professionals had risen 0.4 points to 104.5 during the December quarter, and the index for accountants and auditors was also up 0.2 points to 101.4. The index for tradespeople in the metal sector had also increased by 0.3 points to 107.9.
 

Cheers,

Annie Cerone

Job Market Skills Shortage Update

Monday, April 27th, 2009

The latest Robert Walters Salary Survey (conducted across five states including NSW, QLD, WA, SA and VIC) based on actual placements made during 2008, found that demand still existed for candidates in a number of areas including highly experienced sales talent; project management and change management candidates; and HR professionals specialising in OHS or industrial relations. Other sought after candidates included: compliance and risk management staff; treasury, tax and audit accountants; and business support staff with experience in the mining, construction and engineering sectors.


Cheers,

Annie Cerone


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