Sydney Jobs Confidence Boost
Jobs on the Rise:
On the back of a terrible year on all counts thanks to the “GFC” it seems that Jobs in Sydney have really picked up, this is great news for Job Seekers in Sydney and even better news for a struggling economy. Traditionally the job market expects a rise in job ads just prior to Christmas followed bby a lull in late December and into the early months of the new year. As it has played out we saw a rise in job ads placed in Novemeber of 7.5%, this was to be expected. However job ad placement continued to grow throught the month of December by a further 2.5%
The Winners of the Job Vacancies:
An increase in vacant positions is obviously going to be a win for the job seekers of NSW amongst others. Many faced the problem of job loss last year as the Global Economy fell in to turmoil and the amount of job seekers rose steadily with the unemployment rate in our state. This boost in market confidence is a breath of fresh air for all those who were affected by the fallout of this downturn.
Employers are also going to benefit from this upturn. As the ‘Job Seeking’ population start preparing themselves for interviews and their future employment the HR departments placing these job ads are going to see a new level of applicant and a lot more of them. Thus HR have their work cut out selecting the right person for the job.
Employment Web Sites are also a clear winner from these figures, although it would seem that the sites like AussieEmployment and JobsJobsJobs knew about this and were realising the benefits long before your average punter did.
The Politicians will also get something out of this, just recently NSW was appointed a new premier Kristina Keneally who also made a promise to focus on the rising unemployment rate in NSW. Given these recent figures it’s safe to assume that the unemployment rate will come close to, if not fall below, 6% for the first time in a year when the official figures are released at the end of this month. It’s also safe to say that our new premier probably had nothing to do with this increase in Job Ads but someone has to take the credit.
Where To From Here:
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Job Seekrs:
- Get out there and apply for as many jobs as possible (assuming you haven’t already been doing this). Just because the market has ben flooded with new jobs doesn’t mean you can be picky, once you have 3 different job offeres you can afford to be picky. But now is the best time to be looking for work. Don’t know where to start? Try this site: Job Search Australia.
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Employers / HR:
- Get on the boat while you can. 2.5% increase in a market like this is nothing to turn your nose up at, alot of quality applicants will soon be out of the race and sitting behind a desk at a competing firm or business. If you have a vacancy within the office then fill it! Try using a site like Aussie Employment, they are sydney based and hence have a firm grasp of what this increase in job ads is all about.
Good luck with the hunt people and happy new year.
{ 1 comment… read it below or add one }
I agree wholeheartedly that people cannot afford to be picky, especially if you are only looking for part time work to supplement your current full time salary. Part time work, traditionally, is in the retail or food service sector, and even though applicants may have more relevant experience and the necessary skills, there is always going to be competition from applicants who are much younger and far cheaper to employ. It is often more cost effective for a business to hire inexperienced teenagers and train them, rather than an adult who requires little to no training. It is important to know how to market yourself and your skills effectively, to prove to potential employers that paying the extra money will be worth their while.
Hopefully the increase in job ads placed in Sydney will be the stimulus Illawarra businesses need to boost their confidence in the market and start advertising their vacancies.