Finance professionals facing job uncertainty
Investment advisers are in slight over-supply, with job opportunities declining in this space, according to the Clarius Skills Index.
The Clarius Skills Index for the December quarter showed there were about 900 investment advisers, financial brokers and dealers without a job, up from 700 in the September quarter.
Meanwhile, accountants and auditors are in very high demand, though the sector is feeling ‘nervous' about future job opportunity.
Executive general manager of Lloyd Morgan — a division of the Clarius Group — Paul Barbaro, said job opportunities have diminished, promotions have slowed and people were being asked to do more for less.
There is hiring activity, but it has slowed, Barbaro said.
"Accountancy and auditing is highly exposed to the vagaries of government as it relies on regulation, government programs to be funded and changes to legislation," he said. "So if governments lose momentum, job opportunity is also impacted."
Barbaro added government indecision and the long lead to the federal election are causing a ripple through the auditing world, making the sector ‘nervous'.
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