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Further fall in job vacancies

AUSTRALIAN Bureau of Statistics figures for the third quarter show a further fall in job vacancies, bringing the drop for the year to 21.4 per cent, while the ANZ job advertisements survey results show a fall of 27.8 per cent.

However a Westpac analyst said the job vacancy rate of 1.24 per cent, as opposed to 0.46 per cent in 1991 during a recesssionary period, indicated labour demand was not weakening, but rather was just ‘soft’.

The analyst also said job advertisements were no longer an adequate measure of job vacancy trends as employers were becoming less likely to recruit solely from advertisements.

pMeanwhile, almost one in seven Australians is less assertive at work than he/she would like to be. Unsurprisingly, those who earn the least also appear to be the least assertive.

Of 6,000 employees surveyed by TMP Worldwide, almost one quarter of those earning under $20,000 per year approved of doing personal work for a boss, while barely 10 per cent of those earning more than $50,000 per year said they would be prepared to do so.

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