MARKETS

Hiring in resources to remain subdued

DEPRESSED hiring in the mining and construction sector will continue to keep Australian employment figures in check during the second quarter of 2013, according to the latest survey by Manpower Group.

Justin Niessner
Hiring in resources to remain subdued

The quarterly employment report said mining and construction employers would be cautious in Q2 and that hiring prospects in the sector would be 19% weaker than the previous corresponding period.

Globally, Australia was reported to be in a steady state of decline for the previous eight quarters, now at its weakest point since Q3 2009.

Manpower said the country’s decline was plainly evident in mining and construction where opportunities for job seekers had been considerably more modest than in previous years.

The softening in the resources sector has meant the urgency of skills shortages has declined but the report warns that as economies recover, employers will need to look ahead at the talent they will need in the next year.

Nationally, hiring rates in Q2 this year are likely to reflect a 5% year-on-year decline.

In seasonally adjusted figures, the decline marks the weakest hiring intentions in Australia since 2009.

Employers in the major mining states of Western Australia and Queensland reported optimistic hiring plans for Q2 but WA hiring is on target to be 15% less than the same period last year.

Worldwide, hiring expectations were found to be strongest in Brazil, Turkey, India and Taiwan where robust mining and construction sectors are propelling job creation.

Hiring is expected to be weakest in Europe, notably Italy and Spain which posted their lowest employer forecasts ever reported.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.