Manufacturing uptick boosts jobs

AN EASING in Australia’s jobless market has largely come about through an improvement in manufacturing.

According to Steve Shepherd, employment market analyst at research group Randstad, the June Australian Bureau of Statistics (ABS) Labour Force figures show another positive month for full time jobs and he attributed this largely to the manufacturing sector. 

“Over 24,500 full time jobs were created in June, offsetting the decline in part time work, which lost 17,224 jobs – the first time we have seen a decline in part time work this year,” Mr Shepherd said.

 “From looking at Randstad’s job demand and increases in job ads, we have seen a 24 percent year on year growth in jobs advertised in the manufacturing sector,” he said.

“There are positive signs the sector is having a revival. This is great news, as Australia currently has an oversupply of job seekers in the manufacturing sector. This will help those looking for jobs in this sector where demand has been slow.

“This growth is likely to have benefited from the falling dollar, which has made Australia a more attractive market for manufacturing.

“Looking at the monthly trends and the fluctuations in full and part time jobs numbers, it will be interesting to see how the July will play out. After a big decline in part time work, we often see the numbers correct themselves the following month, so we could see growth in part time work.

“Whether this will impact full time jobs is yet to be seen. However two full months of full time jobs growth is good news for job seekers.”

www.randstad.com.au

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