Powered by MOMENTUM MEDIA
subscribe to our newsletter

Industry firms confident about growth

New research has pointed to a strong outlook for jobs in 2015, with financial services leading the way.

According to a quarterly report on employment trends by recruitment firm Hudson, 18.7 per cent of employers expect to increase permanent staffing levels in the first three months of 2015.

That compares to a rate of only 13.1 per cent in the previous quarter.

The latest Hudson report contains the most optimistic result in 33 months and the biggest quarterly increase in five years.

Queensland was the most confident state, with 20.4 per cent of employers forecasting an increased permanent headcount in the first quarter of next year.

Advertisement
Advertisement

That was followed by Victoria with 19.7 per cent, NSW and South Australia with 19.4 per cent, Western Australia with 14.9 per cent and the ACT with 14.5 per cent.

The two most confident sectors were financial services and legal – 36.9 per cent of employers in both sectors expected to increase their permanent staffing levels.

The most pessimistic sector was accounting and finance with 9.8 per cent.

Hudson said the surge of confidence in the overall economy reflects an ongoing structural transformation and a subsequent change in skill-sets to compete in a post-GFC world.

“While the outlook is buoyant, the thirst for talent is centred on specific sectors and role families that support business transformation,” according to Hudson.

PROMOTED CONTENT


“These often newly-created roles are critical to future success and profitability, and as such may be less impacted by broader economic trends in the months ahead.”

According to the latest data from the Australian Bureau of Statistics, the national unemployment rate rose from 6.2 to 6.3 per cent between October and November 2014.

Industry firms confident about growth
mortgagebusiness

Latest News

Citi is to exit its consumer business, including mortgages, loans, retail banking and credit card operations, in Australia and 12 other ...

The major bank’s CEO has reiterated that responsible lending changes could simplify the lender’s processes and improve mortgage approv...

The non-major has reported growth in housing lending as well as a rise in home loan settlements via the broker channel. ...

FROM THE WEB

Join a group of highly informed brokers.

Broker Pulse, a community-driven knowledge base of lender performance Reveal exactly which lenders are making life easiest for brokers and their clients by taking this monthly survey and joining a group of highly informed brokers who leverage these insights every month.

JOIN NOW
podcast

LATEST PODCAST: Tackling the home deposit challenge

Do you expect to see strong uptake of the HomeBuilder scheme?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.