Western Australia's Hiring Confidence Declines To Lowest Levels In Three Years. 1

< BACK TO EMPLOYMENT starstarstarstarstar   People - Employment Press Release
4th June 2008, 02:03am - Views: 672





People Employment Manpower 1 image

Media Release


Manpower, Level 22, Darling Park 2, 201 Sussex Street Sydney. NSW Australia 2000






Manpower Employment Outlook Survey


Under embargo until 0:01, 10th June 2008 Local Time


Western Australia’s hiring confidence declines to

lowest levels in three years.



The Manpower Employment Outlook Survey released today, indicates the

employment prospects for job seekers in Western Australia may well be softer than

they have been since 2005 as business leaders intend to hire less new staff. 



The survey, which was part of a broader survey of 2,658 employers across Australia,

revealed that the majority of employers in Western Australia are intending to hold the

line on their staff levels for the next quarter. The levels of demand are considerably

lower than at any point over the past three years since the first quarter of 2005. 



The West Australian employment market shows considerable softening in hiring

intention in the July – September quarter of 2008, with a Net Employment Outlook of

+24% compared to +43% in the last quarter, a decline of 19 percentage points.


According to Stephen Hinch, General Manager Marketing & Communications,

Manpower, Australia and New Zealand, “This considerable softening in intention to

hire new workers may not signal a slow down in net growth. The 19 point decline in

hiring intentions may well be indicating a decline in pent up demand that was created

by internal mobility together with supply shortages”.



“This softer but continuing demand must still be balanced against the tight labour

supply that exists across Australia as the skills shortage is creating real structural

changes to the workforce already. Business leaders must continue to rethink their

strategies not only to attract but more importantly to retain the right talent, as many

jobs are still being filled through the mobility of the labour market.” Hinch said. 


“There is a general softening in hiring confidence in all states, including Western

Australia and Queensland, however we are now moving into a period where we have

increasing numbers of skilled workers to replace each year as they retire making it

much more important for us all to take a longer term approach”. Hinch noted. 


-End-


For further information please contact



Stephen Hinch, Phone – 02 9263 8644, Mobile – 0488 495 270, shinch@manpower.com.au




The next Manpower Employment Outlook Survey will be released on the 9th of September

2008.







news articles logo NEWS ARTICLES
Contact News Articles |Remove this article