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

According to Advantage Professional's July 2010 Job Index, the fall this month was unusually unevenly split, with Building and Construction jobs, a key component of Australia's employment landscape, down 9.47% down. This fall can be directly attributed to the lowering of the first time home owners grant and the series of interest rate rises in 2010. Building and Construction (-9.4%) and Human Resources (-10.42%) are the biggest losers in online job advertisements as the Advantage Job Index records a national drop of 1.3% in July, only the second decrease this year. With a decrease of 4.16% in advertised roles in Queensland, the state was amongst the worst performing in the past month, just ahead of Tasmania (-7.34%).

Human Resources was the worst performing industry, however this follows a strong performance over the past year. A notable decrease in advertisements for recruitment specialists suggests that companies may be slowing down the expansion of their teams until after the election and a more certain economic path is apparent. Despite the negative growth in July, the 12 months since recovery of post-GFC has experienced a 24% increase in job advertisements overall. The biggest decline in July has occurred in temporary and contract roles (-3.7%), compared to fulltime (-0.2%) and part-time (-0.3%). Hiring intention reports are all positive for the next 3-6 months and Advantage doesn't see the market stalling.

Excerpt from: Advantage Professional (http://www. hirethinking .com), 9 August 2010