Recruitment levels to fall in the finance, insurance and real estate sector
Hiring intentions in the finance, insurance and real estate sector have fallen since the last financial quarter, with only one in five employers expecting to increase hiring in the first quarter of 2012.
That's according to an employment outlook survey from recruitment agency ManpowerGroup, which found that net employment outlook (NEO) fell 3 percentage points to +17 percent.
The number of employers planning to increase hiring in the first quarter of 2012 fell from 32 per cent in the last quarter to 20 per cent, while employers who intend to decrease their employee intake remain steady at 7 per cent.
Despite the influence of the current economic landscape on recruitment levels, ManpowerGroup Australia and New Zealand managing director Lincoln Crawley believes the job outlook for the finance, insurance and real estate sector remains in good stead, with NEO remaining three points higher than the national figure.
According to the results, auditors, tax managers and accountants for tax and business services are among the occupations that remain in high demand in 2012 in the finance, insurance and real estate sector.
Crawley said those seeking employment need to focus their attention on the areas that continue to perform strongly in terms of their employment outlook, including mining and construction, services, and finance, insurance and real estate.
"If you don't have the skills these sectors demand, then re-training or up-skilling may be the first step in your plan," Crawley added.
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