Engineering Recruitment, Engineers Recruitment, Engineering Employment, Engineering Professionals, Engineering Jobs, WA, Australia

According to the latest CommSec State of the States report Western Australia is well positioned for growth as a consequence of strong Chinese and Indian demand for resources. WA has taken over top place as best performing economy in Australia. Second best in the unemployment rankings, Western Australia with the current unemployment rate of 4.1 per cent is now 15 per cent below the long term average of 8.8 per cent. Each of the states and territories are assessed on eight key indicators: economic growth; retail spending; equipment investment; unemployment, construction work done; population growth; housing finance and dwelling commencements. In terms of construction the actual amount of work completed in Western Australia remains well above its “normal” level or decade-average. In fact construction work done in Western Australia in the March quarter was 73 per cent above the decade average. Population growth is fastest in Western Australia (2.7 per cent) followed by Queensland (2.4 per cent) with both states consistently leading the rest of the nation. However Queensland has maintained its ranking at seventh, sharing this position with NSW.

This leading in the rankings on economic activity is consistent with the sustained level of engineering employment being experienced across WA. Despite its resilience WA is exposed to the same macroeconomic forces as other state and territory economies, in particular the challenges posed by tight labour markets such as securing workers and keeping labour costs down.

Excerpt from CommSec State of the States Report, 23 July 2010