Mining job vacancies stopped growing at agency DFP Recruitment Services in June, the company has revealed.
The agency reported the number of job opportunities in mining and resources were 0.1 per cent lower during the month.
Despite vacancies stalling in June, job vacancies have risen significantly in the past year at DFP.
Temporary and contract work recorded the strongest growth, increasing by 43.9 per cent year on year. Permanent opportunities, which fell by 1.7 per cent in June, remain 33.1 per cent higher year on year.
In mineral-rich states, Western Australia and Queensland, vacancies did rise in June, albeit by 0.9 per cent and 0.4 per cent respectively.
“Coal mining and oil and gas extraction both fell substantially, while metal ore mining and exploration both grew in June,” DFP reported.
“Engineering professionals is currently seeing the highest level of demand since late 2014, despite a 0.4 per cent drop in vacancies this month.”
DFP’s mining and resources job index dropped from 68.88 to 68.82 during June.
The slowdown follows a period that has seen demand at DFP rise by 15.8 per cent since the beginning of the year and by 37.6 per cent year on year.
“Demand may be higher than that seen over much of the last two years but future prospects are not particularly encouraging,” according to DFP.
Temporary and contract work remains the most positive area of mining recruitment, improving by 2.2 per cent in the DFP index in June to 72.48 – the highest point since April 2015.
Permanent opportunities fell 2.1 per cent over the June quarter, but remained 16.3 per cent higher over 2017.
DFP reported that the recent fall in commodity prices, which followed a spike in the second half of 2016, provided “the greatest concern” for job seekers in mining and resources.
“Employers did not pick up their hiring while prices soared,” DFP outlined.
“With the benefit of hindsight this can be seen as a prudent measure as demand and prices were expected to fall, as they have. Hopefully, employers will at the very least keep staff numbers up despite the fall in prices and profit margin.”
The DFP report provides one of the first negative perspectives for the recruitment marketplace this year.
Earlier this month, Australian Mining reported that recruitment agency Hays had found that renewed optimism in mining was helping increase vacancy activity, and that skills shortage were even emerging.
In June, online jobs portal SEEK revealed that advertised opportunities in mining, resources and energy almost doubled in the year up to the end of May.