Business

Employers want more from workers

Darryn Smith

OFFICIALLY, as far as the Reserve Bank is concerned, we are not in a recession.

However, if you look at national jobs figures, the market is moving as slowly as it did during the 1991 recession.

In the 12 months to July, 65,000 new jobs were created - of these, 29,000 were full time. To put that in perspective, the previous 12 months saw 256,000 full-time positions added.

It's a reflection of the doubts creeping into our economy, based in no small part on the continued economic troubles in Europe.

It might sound bleak, but like any statistics, it all comes down to context.

Over the same period, the labour force (the number of people aged 15 and over, either employed full or part time, looking for work or unemployed) itself increased by about 65,000.

Given then that the labour force grew by about the same amount of people as there were jobs created, the unemployment rate remained relatively steady at around 5%.

Greater jobs growth means greater choice for jobseekers, and the increased demand for a limited pool of talent means employers have to become more competitive in their recruitment practices.

The limited growth of the last 12 months swings the market back in favour of employers, who can expect to see more applications per vacancy, as the talent pool competes for a small number of opportunities.

For women at least, despite the soft growth, the outlook is particularly positive.

Growth in the labour market for women far outperformed that of men - the latter was all -but flat at 0.1% growth, while the rate of growth for women was 1.1%.

For every full-time job created for men, six have been added for women.

Given that the participation rate for both men and women has remained relatively constant in the last year (˜72% and ˜59% respectively), that translates to a wider range of job options for women - perhaps surprisingly even in the mining sector, where the employment growth rate is higher for women than men.

Softness in the retail sector, a traditional employer of teenagers and youth, is making the job hunt more difficult for the under-20s.

Employers are expecting more from their staff, which makes the going tough for teenagers who haven't yet had the opportunity to develop their skills and build work experience.

In broad terms, taking a state-by-state view, the mining states continue to drive jobs growth, with Queensland and Western Australia adding almost 50,000 full-time jobs this year, offset by losses in Victoria and South Australia as manufacturing and construction continue to struggle.

Topics:  employment, jobs, jobs news



Beached baby humpback is dragged back into sea

TRAGEDY AVERTED: Beachgoers help to rescue a baby whale beached at Kingscliff. Photo by Emma O'Sullivan/Facebook.

Dramatic video capturing the rescue of a baby whale

Migaloo mayhem: Boaties, drone operators told to back off

A Sea World Cruise charter vessel near Migaloo yesterday, off the Tweed Coast.

Video: Helicopters, charter boats, drones and research vessels out in force to...

Organisers postpone new country music festival

Australian music megastar Kasey Chambers will be playing at the Sawtell RSL on Friday.

Mur'bah's Country Roots Festival cancelled

Latest deals and offers

Vintaea: Why I left The Bachelor on the first night

Vintaea Carlos was one of 22 "bachelorettes" looking for love on the fourth season of The Bachelor.

Queensland beauty leaves Richie at rose ceremony.

Amber Heard claims Johnny Depp is stalling divorce

Amber Heard claims Johnny Depp is delaying their divorce

Organisers postpone new country music festival

Australian music megastar Kasey Chambers will be playing at the Sawtell RSL on Friday.

Mur'bah's Country Roots Festival cancelled

The Bachelor host: this year's season is a cracker

The Bachelor host Osher Gunsberg.

GUNSBERG says tonight will be "the best night of TV of the year".

McClymonts hit the road to mark special milestone

The McClymonts will play Twin Towns in August as part of their 10-date, 10-year celebration tour.

A decade of gold for Grafton sisters.

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

Massive residential 9-storey high-rise hit by delays

An artist’s impression of the eight-storey-high apartment complex that Bernoth Holdings wants to build in South Toowoomba, next to the City Golf Club.

Developer struggles to get approved high-rise development started