AUSTRALIA QUEENSLAND FACING WORST UNEMPLOYMENT THERE ARE NOW FIVE - TopicsExpress



          

AUSTRALIA QUEENSLAND FACING WORST UNEMPLOYMENT THERE ARE NOW FIVE UNEMPLOYED PEOPLE FOR EVERY JOB VACANCY AND THERE ARE TWO MILLION AUSTRALIAN ARE UNEMPLOYED IN THE COUNTRY 11TH JANUARY 2014 QUEENSLANDS worsening unemployment means there are now five unemployed people for every job vacancy in Queensland, according to the Australian Bureau of Statistics. Recruiters say the situation is even worse than that painted by the data with Sarina Russo Job Access Fortitude Valley manager Anne Stott saying up to 100 people were applying for the same job. Academics say the real unemployment and underemployment rate could be as high as 15 per cent in Australia representing about 2 million people. Ms Stott said warehousing and administration jobs seemed to be drying up and the ABS statistics show that mining jobs have halved since the end of the boom while public service vacancies in Queensland have slowed to a trickle. Its right across the board. Its affecting everyone even if they have the skills and the education, she said. We are hearing from candidates that they are being told by employers that about 100 people had applied for the same job. She said it was not restricted to low skilled workers or the young and it was not uncommon for her office to be sending up to 10 people to the same interview. A survey of about 1500 employers by recruitment company Manpower found that only about 20 per cent of employers planned to increase their hiring, 13 per cent planned to decrease their hiring and 66 per cent would make no changes. Managing director Lincoln Crawley said there should be some strength in job growth this year and that Australia was at the bottom of the cycle. Historically, the wavelength of the boom and bust cycle has been much shorter than the bottoming out that the market is experiencing now. Growth has been sluggish for most of the year, however these results suggest we may be turning a corner in the 2014, he said. Our results show nearly all sectors and regions in Australia are expecting a modest increase in hiring to bring in the New Year, Mr Crawley said The ABS data also shows there has been a steep decline in construction jobs in the past year as the development of the mines tapered off. Vacancies across Australia in construction have dropped from 16,700 in 2012 to 9900 in November last year. Mining jobs dropped from 10,300 in 2011 to 4700 in November. The vacancies in the public service jobs, which have faced severe cutbacks since the Newman Government came to power, have shown a steep decline in Queensland with only 1600 available in November last year compared with 6000 in 2011.
Posted on: Sat, 18 Jan 2014 02:25:06 +0000

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