Transport jobs safe for now
The Manpower Employment Outlook Survey released today, indicates a flattened labour market for job seekers in the Transportation & Utilities sector as employers hold steady in their headcount numbers.
The survey of 2,806 employers across Australia revealed that the majority of employers in this sector are intending to hold the line on their employee hiring levels for the next quarter. It is anticipated that the Transportation & Utilities sector may experience a flat labour market in the July – September quarter of 2009, with a Net Employment Outlook of 0%, a moderate decline of two percentage points from last quarter, however, year-over-year this has declined by a steep 27 percentage points.
“The third quarter of 2009 shows some stability for job seekers in this sector, however, their future still remains uncertain with a Net Employment Outlook of 0%. This supports our prediction of a ‘wait and see’ approach from the last two quarters – employers are playing it safe and holding onto key staff members and waiting till the economy improves before making pertinent headcount decisions,” said Lincoln Crawley, managing director, Manpower Australia and New Zealand.
The Manpower Employment Outlook Survey also reveals that employers in the Northern Territory (+21%) are reporting the most optimistic hiring intentions among all regions surveyed, and the region’s outlook is 7 percentage points stronger and 1 percentage point weaker quarter-over-quarter and year-over-year, respectively. In comparison, the least optimistic regional hiring intentions are reported by employers in the Brisbane/Queensland (-5%) region where the outlook is 2 and 31 percentage points weaker quarter-over-quarter and year-over-year, respectively. This region’s outlook, as well as the those for Melbourne/Victoria (-1%), and Hobart/Tasmania (+2%), is the weakest since the Australian survey was launched.
“The stability in hiring plans could be attributed to the recent interest rate cuts, combined with the Australian government’s stimulus package directed at high-spending groups such as pensioners and first-time home buyers, this should limit any additional rise in the jobless rate,” said Crawley. ”However, the pace of hiring in all sectors is expected to be weaker than historical patterns. Job seekers in the Manufacturing sector will continue to be frustrated as the Outlook is at a worrying -8%.”