Financial services jobs up in January
Financial services online job advertisements rose 1.2 per cent in January, according to the Olivier Job Index, continuing the upward trend in the number of jobs in the sector becoming available.
Looking at the job market overall, the Job Index rose in January by 3.59 per cent on a seasonally adjusted basis, showing a broad national metric increase of 14.02 per cent in the past six months and 10.14 per cent in the past three months.
The Olivier Job Index report for January stated that advertisements between week 1 and week 4 rose 41 per cent, compared to a rate of growth over the same period in 2008 and 2009 of 25 per cent.
The report noted that ANZ’s December increase of 6 per cent was not an accurate picture and that the 7.5 per cent fall it reported in January was largely a correction of the prior month.
“We are comfortable that December’s rise of 0.48 per cent and January’s increase of 3.59 per cent represent a good guide to the pick up in demand for staff in Australia,” it stated.
AUTHOR
Caroline Munro
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