The outlook for jobs is still positive and we should remain optimistic, despite the increase in interest rates, and a rise in the unemployment rate, says Matthew Tukaki, head of Drake International.
“Even with the increase in the unemployment rate to 5.8 percent, companies are increasingly positive in their outlook for 2010,” he said. “Many are now at, or below, the minimum staffing level required to function effectively and recognise the need to start hiring if they are going to take advantage of the recovery.”
According to Tukaki, there are still a number of industries that are actively looking for new staff and are generally optimistic about the future. These include: finance, infrastructure and construction, procurement, and IT.
“Our Cairns branch is seeing slight increases in demand for hospitality and tourism staff… demand in jobs in Agribusiness in South Australia has increased… and the Mining and Resources sector is once again driving the WA jobs market,” he said.
However, Tukaki warns that as companies become active in the labour market again, they need to be aware of the sacrifices made by their existing staff during the past 18 months.
“Companies also need to be putting the interests of their existing employees first, before going out and hiring new talent – otherwise issues related to retention, productivity and culture will occur,” he said.
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