Early indications show job decline easing
In 2013 the overall number of job advertisements declined by 9 per cent, suggesting that employers are hesitating to take on new staff.
In 2013 the overall number of job advertisements declined by 9 per cent, suggesting that employers are hesitating to take on new staff.
Australia’s economic conditions are predicted by some to take a downward turn in 2013, meaning employers large and small are growing anxious about an economic slump and the potential for China’s growth to go into reverse.
The unemployment rate climbed from 4.9 percent in June to 5.1 percent last month; rising a seasonally adjusted 0.1 percent according to the Australian Bureau of Statistics (ABS).
Brad Callaughan blogs about developing new business strategies to prepare for a potential downturn.
“In times like these, cashflow will be your biggest issue. Debtors are paying in 30 to 60 days but creditors still want their payment within 7 to 14 days. A cash flow forecast with a strong focus on collections is how to keep your head above water.”
Australians are more stressed about losing their job than they are about getting divorced, according to results of a survey conducted by Newspoll on behalf of Suncorp Life. Losing a job ranked third on a list of seven events Australians found most stressful.
Australia’s unemployment rate remains at 5.0 percent in January after Australia’s unemployment rate dropped 0.2 percentage points to 5.0 percent in December, the Australian Bureau of Statistics announced today.
Many businesses, especially primary producers, are not expected to survive the recent Queensland flood crisis, according to Brisbane Accountancy firm, elliotts.
For the thousands of businesses affected by devastating floods in Queensland and Victoria, as the physical cleanup is completed they now need to plan their business recovery.
Australia’s unemployment rate has dropped 0.2 percentage points to 5.0 percent in December, putting pressure on businesses to pay higher wages to retain or recruit employees, as announced by the Australian Bureau of Statistics today.
Not only have the Queensland floods devastated whole communities with water damage and loss of life, but predictions are that affected communities will be hit by an increase in unemployment followed by skills shortage as people rebuild forcing hundreds of small businesses to close.