Increases in job advertisements in February suggests an economic recovery, but high staff turnover is clouding the true recovery, new data suggests. Commenting on the recent surge in job advertisements and yet to be released official ABS employment statistics, David Edwards, Strategic Manager of Drake International, said “High levels of staff turnover and churn are […]
Job advertisements surged 19.1 percent to a year long high in February, according to the ANZ Job Advertisements Series. The ANZ Job Advertisements Series, which measures job advertisements in both newspapers and on the internet found job ads rose 19.1 percent in February to an average of 159,778 ads per week, seasonally adjusted. The February […]
Following a dip in January the jobs market gathered pace in February, with national job vacancies increasing 6.3 per cent compared to a fall of 6.0 per cent last month, according to the latest monthly data from IPA, one of Australia’s largest recruitment firms. Rabieh Krayem, CEO of IPA, said despite the positive figures, CEOs […]
New research has found that Australian employees are not planning on changing jobs in the future due to economic uncertainty due to the GFC. The research report, Hunting the (hidden) Hunter looked at the triggers that would cause employees to move from one job to another, with the number of people actively looking for alternate […]
As unemployment figures lowered for a third consecutive month, survey results reveal that the upturn is in full swing for Australia’s privately held businesses and employee salaries are on the up. · Over three-quarters (78%) of Australian business are planning to increase salaries in the next 12 months, compared to the global average of only […]
Pacific Brands chief executive Sue Morphet believes that if consumers had bought Australian, the 1,850 jobs at Pacific Brands would still be intact. Last month, the parent company of iconic Australian brands such as Bonds and King Gee announced it would move its local manufacturing offshore to China. “Long, long gone are the days when […]
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