Dip in mining employment forecast for fourth quarter

Employers in the mining and construction industries are less optimistic about recruitment in the coming fourth quarter, according to the latest Manpower Employment Outlook Survey.

Employers in the mining and construction industries are less optimistic about recruitment in the coming fourth quarter, according to the latest Manpower Employment Outlook Survey.

The survey found that employment outlook for the fourth quarter in these industries was 25%, down six percentage points from 31% for the third quarter.

However, the outlook is still much better than it was for the fourth quarter of 2009, which was as low as 11%.

Lincoln Crawley, the managing director of Manpower Australia and New Zealand, said the findings were understandable.

“After building inventory during the recovery, it is not surprising to see these sectors paring back their investments at this time,” he said.

The survey found similar trends among employers in the resource-dominated states of Western Australia and Queensland.

In Western Australia, the employment outlook for dropped from 37% in the third quarter to 32% for the coming quarter, while in Queensland it dropped from 25% to 17%.

“The results suggest that uncertainty around the mining tax has impacted the employers in the sector and the states in which they’re based,” Crawley said.

“But it must be remembered that while hiring intentions have fallen, they are coming off a remarkably high base.

“The latest economic figures prove that whatever concerns they have experienced, resources companies are still driving much of the nation’s growth.”

The survey encompasses more than 2200 employers across a range of sectors.

The seasonally-adjusted employment outlook for the whole country is at 19%, a five percentage point drop from the last quarter’s seasonally-adjusted outlook.

“At the time of the survey, a looming election and talk of a double dip recession in the US may have affected employer confidence,” Crawley said.

“However, the overall employment picture is still strong, especially compared to a year ago when the net employment outlook was at 8%.

“It is now 11 percentage points higher.”

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