none

NO GAINS FORECAST FOR MANUFACTURING EMPLOYMENT

11-03-2019
by 
in 

If hiring intentions are anything to go by, Australia is continuing its shift towards a service based economy, according to the latest ManpowerGroup Employment Outlook Survey. While the Q219 survey reveals a net employment outlook of +10%, this is very much driven the public administration and education sector, offsetting notable declines across the transportation and utilities, mining and construction, and manufacturing.

The global survey collects data from more than 59,000 employers in 44 countries, including more than 1500 in Australia.

While nationally the public administration and education sector shows a net gain of +7 points for 2Q19 compared to the same period last year, this is offset by -7 point decline in the transportation and utilities sector over the same period. Other losers include mining and construction (-3), wholesale and retail Trade (-3), and manufacturing (-1) sectors.

For once, there are significant differences across the states and territories, with NSW down 6 points year-on-year compared with Queensland (+3) and Victoria (+1), and the smaller states and territories recorded even larger gains.

Elsewhere within the Asia-Pacific region, the strongest outlooks are reported in Japan (+27%), Taiwan (+18%) and India (+13%).

Related news & editorials

  1. 01.03.2019
    01.03.2019
    by      In
    Australian manufacturing got back to work in February after a turgid mid-summer period with the Ai Group’s Performance of Manufacturing Index recovering further to a respectable 54.0. This marks a continuing recovery from the flat 50.0 in December 2018 and the mildly growing 52.5 in January.... Read More
  2. 11.02.2019
    11.02.2019
    by      In
    Alic Knispel knew the meaning of hard work and the value of a dollar. In fact, in 1933, he jumped on his pushbike and rode 227km from Adelaide to Moorook in South Australia’s Riverland just to get a job.
    As a young man, he toiled hard and saved fastidiously for many years to save up enough to buy a... Read More
  3. 06.02.2019
    06.02.2019
    by      In
    Brian Hughes’ journey as Managing Director of Composite Materials Engineering (CME) has spanned three decades. With a continued focus on diversifying as much as possible, the business has always “tried not to be in one business or one market all the time,” he says.
    This has seen CME dabble... Read More
  4. 04.02.2019
    04.02.2019
    by      In
    When you think of staircase construction, the first things that come to mind are traditional trades, such as carpentry and metalwork – but one forward-thinking manufacturing business that has been crafting staircases since 1971 has taken innovative steps to futurise its business with the use of... Read More