Australias employment prospects look bright

Australias employment prospects look bright Australias employment prospects look brightPosted October 13, 2011, by Josie Chun With the hiring optimism of Australias employers reaching pre-downturn levels, Australias employment future looks bright. The latest Manpower Employment Outlook Survey of over 2200 Australian employers indicates that hiring intentions will continue improving over the next three months, with the seasonally adjusted Net Employment Outlook improving slightly to 24 per cent over the last quarter. These results demonstrate that Australias employment prospects are among the strongest in the world. Compared to other countries, Australias economy performed well in the global financial crisis and now appears to be secure in its recovery. The recovery has definitely hit the jobs market, with the employment outlook at its strongest point in two years. This is good news for job seekers, and the Australian economy, says Lincoln Crawley, managing director of Manpower Austra lia New Zealand. The job market improvement has returned to pre-downturn levels across all industries but is growing at a manageable pace, according to Crawley. Movements in employment levels are becoming less volatile as the market returns to normal hiring patterns. The recovery pace is looking steady, but job seekers and employers alike need to be patient. Its bedrngnis going to be a quick return to boom times, and in any case, we wouldnt want things to ramp up too quickly no one wants to see a wages breakout that could push up inflation and interest rates, says Crawley. The transport and utilities sector is one of the fastest growing (up 33 per cent this quarter compared to an increase of 14 per cent last quarter), with considerable improvement in employer hiring optimism. Other industries that have performed well are mining and construction (31 per cent growth, up from 27 per cent last quarter) and finance, insurance and real estate (28 per cent vs 23 per cent). The most optimistic hiring plans are brewing in Western Australia (37 per cent growth, up from 24 per cent last quarter), while Tasmanias employer optimism remains modest and lags behind the rest of the country (8 per cent, down from 15 per cent). The strength of the labour market is always going to be varied across the country, with Western Australia employers currently buoyed by mining and construction activities in the area. However, we are noticing some evidence of a two-speed economy, with some states returning to pre-crisis levels faster than others, says Crawley. The natural resources boom has helped to keep the nations economy afloat, but Crawley warns It is now essential to ensure skills shortages in the mining and resources sector dont hinder the countrys renewed growth. ResourcesMy first resumeCover letter for my first jobCareer Insider StoriesShelley Lask - Body Positive Health & FitnessInterested in becoming a?Human Resources OfficerGeneral ManagerBusiness ManagerAccountantO ffice Administrator CoursesBachelor of Social WorkEnquire zugreifbar Enquire OnlineCertificate III in Health AdministrationEnquire Online Enquire OnlineBachelor of Criminal JusticeEnquire Online Enquire OnlineCertificate III in Allied Health AssistanceEnquire Online Enquire OnlineJosie ChunRelated ArticlesBrowse moreCharles Sturt University (CSU)Online studyThink online study isnt for you? Think again with CSUWe take a closer look at how Australias most experienced online university educator is breaking down the barriers to online study, and encouraging people to think again when it comes to pursuing their career potential.Human ResourcesWHSPlaying it safe at workWhen I was younger, my skateboard had a sticker somewhat ironically brandished on it. Safety is an attitude, not a process, it read.CAREER ADVICEJob hunting tipsHow to Stand Out on LinkedIn Your Guide to Getting NoticedLinkedIn can help you present your professional face to the world while helping you to power-network on a whole new level. Read our quick departure guide teaching you how to write a standout LinkedIn profile and attract recruiters.