Two of Australia's resources-rich states, Western Australia and Northern Territory will continue to hire more employees than they lose in the next six months while New South Wales and Victoria employers have a bleaker outlook, according to Talent2 survey.
Full anouncement pasted below:
Two of Australia's most resource-rich states will continue to hire far more than employees than they lose and buck the trends of a softening employment sector, according to a survey of 1,785 employees by Talent2, the global leader in human resources outsourcing and recruitment.
Leaving their servicing and manufacturing neighbours standing, 43.9% of Western Australians with responsibility for hiring staff intend to increase their numbers over the next six months and only 5.3% will be looking to decrease numbers over the same period. In the Northern Territory these figures are even more startling, with 66.7% intending to increase and not a single respondent intending to decrease employee numbers.
With Australia experiencing its first drop in employment growth since October 2006, the softening demand for labour is giving the first signals of a trend that the number of people looking for employment will begin to increase as the economy slows down.
However, almost all of the 20,000 jobs lost nationally last month were in NSW and 12.8% of respondents from New South Wales said that they will be decreasing their employee numbers over the coming six months. "This figure is far ahead of the rest of the states," says Paul Syme of Talent2. "Victorians (11.8%) also are steadying themselves for withstanding the effects of a tightening in financial conditions for the next six months at least."
"This is in stark contrast to their resource-rich neighbours (WA 5.3% and NT 0%) with the ongoing resources boom shoring up state economies and lessening the general effects of other worsening economic factors, such as fuel prices and increases to interest rates."