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| Unemployment rate falls to 5.5 percent: ABS |
| Thursday, 14 January 2010 12:56 | |
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The number of Australians in work hit a record high last month as the unemployment rate fell for the second month in a row.
Nearly 11 million Austrailans are now employed - the highest number ever - after 35,200 people found new jobs in December, according to the Australian Bureau of Statistics. Economists had been expecting a rise of 10,000 jobs - both part and full time. Australia's unemployment rate was a seasonally adjusted 5.5 percent in December, compared with an downwardly revised 5.6 percent in November, the ABS said today. While the continuing recovery in the job market is good news for the economy, it raises the chances of an interest rate rise next month. "The labour market continues to post stellar gains, reflecting a domestic economy well into recovery mode," said Alex Joiner, economist at ANZ.
"Consistently strong employment numbers, with more on the way if the lead indicators are anything to go by, combined with solid retail sales leading into Christmas must be giving the RBA significant food for thought." The improving labour market is also expected to have a positive impact on consumer sentiment, adding to the case for higher interest rates. "Less fear about losing their jobs will no doubt see a pickup in retail spending and overall economic activity - in effect a self fulfilling prophecy and clearly another reason why the Reserve Bank will gradually remove the monetary stimulus currently in play," said Craig James, CommSec's chief economist. Total employment rose by 35,200 to 10,906 million in December, seasonally adjusted. Full-time employment rose by 7,300 to 7,635 million in the month and part-time employment was up by 27,900 to 3.271 million. The participation rate in December was 65.2 percent, compared with 65.2 percent in November. The median market forecast was for total employment to have risen by 10,000 in December, an unemployment rate of 5.8 percent and a participation rate of 65.3 percent. The Reserve Bank of Australia will hold its first board meeting of the year on February 2.
This article was taken from: http://money.ninemsn.com.au/article.aspx?id=999603 |
| November job ads surge |
| Tuesday, 08 December 2009 09:25 | |
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Advertisements for full-time jobs surged in November, confirming a rebound in the Australian employment market, according to the Olivier Job Index. The job index jumped 5.88 per cent in November, driving a 7.84 per cent rise over the past three months and reversing the October fall, which Olivier described as a "hiccup". The firm's director, Robert Olivier, said hiring full-time workers was back in vogue, with advertisements for full-time jobs rising 5.9 per cent for the month, while advertisements for part-time jobs rose 4.6 per cent. "When we look closely at the figures it seems the job market now is closer to that in 2006 and 2007 than 2008," he said in a statement on Sunday. "This was typical of a strong market with advertisements staying high until the end of the month." Job advertisements in NSW surged 7.28 per cent which outpaced the rest of the nation, Olivier said. Advertisements for jobs in healthcare and the advertising and media sectors were the only sectors to slip, with healthcare down 0.33 per cent and advertising and media job advertisements dropping 1.7 per cent. The number of IT industry job advertisements leaped 11.75 per cent in November, producing a "remarkable rebound" from the 2.6 per cent decline in the three months to the end of October, Mr Olivier said. "It's surprising given that business investment is still not strong but the growth is in financial services," he said. Strong jobs growth is also evident in the mining and engineering sectors as resource exports rebound, with the number of November advertisements up 7.5 per cent across Australia. Most of the growth was in Queensland, NSW and Western Australia which saw mining and engineering job advertisements surge by 12.18 per cent, 9.81 per cent and 8.12 per cent respectively. Building and construction job advertisements rose 3.48 per cent across the nation.
This article was taken from http://money.ninemsn.com.au/article.aspx?id=980408 |
| peoplefusion Engineering and Technical Division |
| Tuesday, 13 October 2009 00:00 | |
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Due to increases in demand, projected growth and regional initiatives across the range of Engineering fields it has become necessary for our business to continue to evolve and increase our service offering. peoplefusion's Engineering and Technical Division is managed by Peter Harvey, a Project Management professional with General Management experience in Manufacturing. Peter understands the value that recruitment and retention of staff has within the business environment and has a good technical appreciation for the roles he recruits. The Engineering and Technical Division provides permanent and contract placements across various engineering disciplines, technical protocols and job functions. We understand that the success of a project is reliant upon the team that is formed. Therefore peoplefusion's commitment is to explore the needs of the client, research the capabilities of the candidate which will ultimately enable us to match the people with the job, not just the resume. If you would like to discuss your Engineering and Technical staffing requirements or would simply like some advice, please talk to peoplefusion Engineering and Technical Division on 02 4929166, or email Peter Harvey, Manager Engineering and Technical Division, peterh@peoplefusion.com.au |
| HR must take steps against unethical recruiters |
| Friday, 24 July 2009 16:22 | |
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Challenging times in the recruitment industry are increasing the prevalence of unethical practices, with implications for employers. One of the more common unethical - and illegal - activities occurring is for third-party recruiters to submit candidates' resumes or "float" candidates without their knowledge, to employers that have recently advertised a job opening. This is clearly a breach of the candidate's privacy if it happens without their consent, and can create problems for candidates who don't want their details or job seeking intentions broadcast (in some cases, they are put forward for roles with their current employer). At face value the practice can seem harmless to HR or even potentially time-saving, if the candidates are high quality and suitable for the business. "Recruiters represent you in the market place. If they are acting unethically, you can bet that your name will attach to that behavior, as you engaged them." HR and internal recruitment managers should:
When such a conflict arises it is rarely easily settled. The candidate wants a job and will generally not care which agency represents them. Even though the client just wants "the best person for the role", they can become stuck in the middle of a dispute. This article has been taken from hrdaily www.hrdaily.com.au |
| Carbon Change Initiative |
| Friday, 19 June 2009 15:41 | |
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peoplefusion are making a long term commitment to reduce their carbon footprint. Through a partnership with carbon management company, Carbon Planet, peoplefusion have introduced the following initiatives:
peoplefusion are proud to be Carbon Measured and we look forward to continuing our relationship with Carbon Planet. |