According to the latest Manpower Group Employment Outlook Survey, many Australian employers report hopeful hiring intentions for the April-June time frame but the biggest emerging job opportunities right now are in the services sector. So what does this mean for job seekers?
Manpower Group conducts a quarterly survey of Australian companies that measures employers’ intentions to increase or decrease the number of employees in their workforces over the next quarter. To complete the second quarter 2017 survey, a sample of 1,511 employers in Australia were interviewed. All participants were asked “How do you anticipate total employment at your location to change in the upcoming quarter in comparison to the current quarter?”
The good news for job seekers across Australia is that this latest survey reports predicted growth to staffing levels across all regions and industry sectors – but some stronger than others.
We’ve summarised the results below:
- 15% of interviewed employers intend to increase headcount in the second quarter of 2017.
- The majority (78%) of employers interviewed have no plans to hire in the second quarter of 2017.
- While staffing levels are expected to grow in all eight regions during the period, New South Wales and the Australian Capital Territory report the strongest regional outlooks (+14%) with Western Australia the most cautious (+6%).
- Compared to the same time last year, hiring plans have improved across seven of the eight regions, including Western Australia, where employers report a sharp increase of 21 percentage points. Victoria was the only state where employers reported a decline (two percentage points).
- Employers in all seven industry sectors expect to grow payrolls during the quarter with the services sector representing the biggest opportunity for jobs in Australia at the moment. This sector is the strongest of all surveyed with a net employment outlook of +15%. The services quarterly outlook has jumped seven percentage points over the last 12 months.
- Steady hiring activity is predicted in the Mining & Construction sector and the Transportation & Utilities sector (both with outlooks of +12%). Mining and Construction reported its strongest hiring plans since the fourth quarter of 2012.
- Modest workforce gains are expected in the Manufacturing sector, with an Outlook of +8%, and in both the Finance, Insurance & Real Estate sector and the Public Administration & Education sector, where outlooks stand at +7%.
- The most cautious sector outlook of +5% is reported by employers in the Wholesale Trade & Retail Trade sector.
- The national Net Employment Outlook is +9%, unchanged since last quarter. However, this represents an annual net employment outlook growth of five percentage points. The Net Employment Outlook is calculated by subtracting the percentage of employers anticipating a decrease in hiring activity from those anticipating an increase in employment.
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