Jobs ahoy! Hiring expectations at 3-year high
One of the most foolproof ways of analysing the health of the jobs market and the prospects of employment for jobseekers is by asking employers themselves.
Released every quarter, the Hudson Report is a good barometer for gauging the recruitment strategies of many in the industry, with the latest publication surveying the hiring intentions of 3,432 employers.
In good news for jobseekers all over the country, employer sentiment has risen significantly. In fact, 18.7 per cent of all surveyed managers intend to add permanent members to their teams in the first three months of 2015 – a rise of 5.6 percentage points on the last quarter.
This was the highest quarter-on-quarter increase since Q1 2010, the report showed.
There will also be a 14 per cent rise in contract hire positions in the next few months, the report indicates.
Engineering jobs soar
In terms of professions, permanent engineering and design jobs will rise by 10.8 per cent, while contract hire roles will surge by an impressive 17.7 per cent.
IT jobs in Australia proved some of the strongest growing, with the profession increasing in permanent opportunities by 20.5 per cent, and 23.7 per cent for contract hire roles.
The report explained: "We have seen demand for strong project managers increase over the past 18 months as large transformation projects have reached implementation stage, and we don't see this changing in the New Year."
Boost for jobs in Queensland
Of all the states, Queensland proved to be the most positive in terms of net hiring intentions. More than a fifth (20.4 per cent) of all managers plan to add to their ranks with permanent employees in Q1, closely followed by Victoria (19.7) South Australia (19.4) and New South Wales (also 19.4).
Growth in the Sunshine State rose by a significant 6.8 percentage points from Q1 2014. Meanwhile, the highest quarter on quarter increase could be seen in the ACT, with permanent employment in the capital territory set to rise by a staggering 19.2 percentage points from Q4 2014.