Finance sector with most positive hiring sentiment
Employers in the finance, insurance and real estate sectors have indicated they will extend their consistent hiring into the next quarter, according to the Manpower Employment Outlook Survey.
Around 37 per cent of companies within these sectors expect to increase hiring, while their net employment outlook sits at 29 per cent – the highest across all Australian sectors.
Managing director of Manpower Group Australia Lincoln Crawley said increased certainty around the reforms to financial advice and superannuation were the main drivers to positive hiring sentiment.
Crawley had also noted that these industries were typically specific with the skill sets required from job candidates, but that employers would soon have to find new ways of finding the appropriate candidates.
“Internal training and development and workforce planning must become a priority to ensure their client servicing and business capabilities are maintained in the long term,” he said.
According to Manpower, in Australia the overall employment outlook had fallen two percentage points, to 19 per cent.
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