Excellent outlook for banking and finance jobs
Employment and advertised jobs statistics reveal a resilient Australian job market, particularly in the finance and banking sectors.
The Advantage Professional Job Index and the Manpower Employment Outlook Survey revealed a positive start to the year and favourable outlook, despite rising interest rates, uncertainties in the retail sector and natural disasters.
The Advantage Professional Job Index and the Manpower Employment Outlook Survey revealed a positive start to the year and favourable outlook, despite rising interest rates, uncertainties in the retail sector and natural disasters.
Although full-time positions across all sectors were up 6.6 per cent in February, compared to 10.8 per cent for part time roles, Advantage stated that if the strength in the job market continued employers were likely to favour full time employment in order to have greater control over supply.
According to the Manpower survey, the Queensland floods have not significantly affected the national employment outlook for the second quarter of 2011, which remained steady. The survey of over 1,900 employers found that the seasonally adjusted Net Employment Outlook (NEO) was steady at plus 21 per cent nationally.
In the finance, insurance and real estate sector, one third of employers planned to increase hiring in the next quarter, the survey found. The seasonally adjusted NEO for this sector was plus 28 per cent.
AUTHOR
Caroline Munro
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