Kaliba’s Post

Data out from Jobs and Skills Australia: Recruitment activity, as measured by the recruitment rate, increased slightly by 1 percentage point to 49% of employers in February 2024, while recruitment difficulty fell by 1 percentage point to 54%. (still more than half the employers, advertising for staff online, have difficulty finding someone from applicants). These findings are consistent with an easing in other indicators of labour demand, including a decrease in online vacancies over the year, a slowing in the pace of employment growth, and an uptick in the unemployment rate in recent months. That said, employers were optimistic about the future, with 26% of employers surveyed last month expecting to increase their staffing levels in the next three months. Results by capital city and rest-of-state areas show some variance, however, and may reveal a different story is emerging. The recruitment rate in rest-of-state areas fell by 1 percentage point to 52%, while in capital cities it edged up by 2 percentage points to 47%. Recruitment difficulty in regional areas fell by 7 points to 57%, while in capital cities it increased by 3 points to 52%. What do you think?

A topic covered in our most recent 𝙈𝙤𝙣𝙩𝙝𝙡𝙮 𝙈𝙖𝙧𝙠𝙚𝙩 𝙍𝙚𝙫𝙞𝙚𝙬 is the Recruitment Challenges and Regional Disparities 💡👇 "Data from the “Recruitment Experiences and Outlook Survey” released by the Federal Government, sheds light on recruitment dynamics, revealing declining rates compared to previous years. Both capital cities and regional areas grapple with recruitment difficulties, albeit to varying degrees. Central Queensland, with its unique economic profile, must confront these challenges head-on, leveraging local resources and fostering collaboration between industries and educational institutions. Recruitment difficulty has recently fluctuated across industries, with notable changes observed over the past year. Employers in Accommodation and Food Services reported a significant decrease in recruitment difficulty, while Manufacturing continued to face challenges despite a slight decline. Professional, Scientific, and Technical Services recorded an increase in recruitment difficulty, indicating evolving workforce dynamics that Central Queensland must continue to adapt to. Analysing employment trends by occupation offers further insights into Central Queensland's workforce composition. Despite overall growth in employment across various occupations, sectors such as Community and Personal Services experienced significant decreases in recruitment difficulty, highlighting that more job seekers have presented with the necessary skills and qualifications to meet demand in this sector. However, challenges persist, particularly in fields like Technicians and Trades Workers, where recruitment difficulty remains high." There's more insightful topics covered in the February Monthly Market Review! Continue reading via our CQ Talent Insights Blog 👉 https://lnkd.in/gw9WiMW9 #Insights #JobMarket #MarketReview

Is the Declining Unemployment Rate Masking a Recruitment Crisis? 🚨 In recent months, we’ve seen a shift in the Australian job market. Recruitment activity has softened in May, with 47% of employers actively are recruiting a decrease of 1 percentage point from the previous month. On the other hand, Australia’s unemployment rate has declined to 4% in the same month. These two trends may seem contradictory, but they offer valuable insights for both employers and job seekers. 📉 Advice for Employers: 👨💼 1️⃣ Adapt Your Recruitment Strategies 🔄 With fewer companies recruiting, it’s an opportunity to stand out. Consider innovative recruitment strategies to attract top talent. 2️⃣ Focus on Employee Retention 🔍 With lower unemployment rates, retaining current employees becomes even more critical. Invest in employee development and satisfaction. Advice for Employees: 👷 1️⃣ Leverage the Situation ⚖️ With fewer companies recruiting, there’s less competition. Tailor your applications to stand out. 3️⃣ Stay Positive 🙂 A lower unemployment rate means more people are finding jobs. Stay motivated and persistent in your job search. The softening recruitment activity coupled with a declining unemployment rate has significant implications for the workforce and recruitment industry. For one, it indicates a competitive job market where companies need to work harder to attract and retain talent. For job seekers, it means they may need to be more strategic and patient in their job search. 🤔 Make sure to Like + Follow to stay informed & to stay connected... 🚀 #ZoomRecruitment #MakePeopleMatter #Recruitment #Unemployment #RecruitmentCrisis #JobHunt

📣 Released Today: The Latest UK Hiring Trends! The newest results from the #MEOSUK reveal a positive outlook for UK hiring, with a Net Employment Outlook of +28% for Q4 2024 — an increase of eight percentage points from last quarter. Despite growing optimism, challenges persist due to uncertainties surrounding new legislation. While the labor market strengthens, the issue of hard-to-fill roles remains a key driver of hiring optimism. However, converting this optimism into tangible job growth poses a significant challenge. What impact will these trends have on your industry? Reach out to me or comment "REPORT" to explore the full report and delve deeper into the evolving landscape of UK hiring. #EmploymentOutlook #HiringTrends #HRLeaders #TalentStrategy

Is the data talent pool drying up? The UK labour market is undergoing some significant changes that are impacting recruitment across industries, particularly within the data space. With over 1 million workers aged 50+ exiting the workforce post-pandemic, employers are finding it tough when it comes to securing qualified talent. This is especially challenging in the data and tech sectors, where demand for skilled professionals is only increasing. However, there’s an opportunity here for some companies to capitalise on. Despite a fall in overall vacancies, sectors like finance and business services are seeing wage growth of over 6% year-on-year. This means companies are already paying more to secure top talent, particularly in high-demand areas like data and analytics. For businesses aiming to compete, now is the time to invest in building a strong talent pipeline, offering competitive packages, and capitalising on the growing younger talent pool. A focus on strategic hiring and retention will help companies stay ahead in this market.

Employers in Canada have reported a Net Employment Outlook of +23% in Q3. Dive into the latest #ManpowerGroup #EmploymentOutlookSurvey to discover the insights. We surveyed over 1,000 employers across Canada to bring you the most comprehensive Q3 #hiring data. Don't miss out on the latest trends! 📈 Download now: https://bit.ly/4aTA4xk #hiringtrends

Employers in Canada have reported a Net Employment Outlook of +23% in Q3. Dive into the latest #ManpowerGroup #EmploymentOutlookSurvey to discover the insights. We surveyed over 1,000 employers across Canada to bring you the most comprehensive Q3 #hiring data. Don't miss out on the latest trends! 📈 Download now: https://bit.ly/4aTA4xk #hiringtrends

Exciting new data reveals upcoming hiring trends in Canada for the latter half of 2024! Stay ahead of the curve by downloading the report here: https://bit.ly/4e1g7Y0 https://bit.ly/4e1g7Y0

Where is Australia hiring? Discover Australian employers' hiring intentions in the ManpowerGroup Employment Outlook Survey report. Over 40,000 employers across eight sectors and 42 countries, including all Australian states and territories, reveal a +14% Net Employment Outlook. Learn more: https://hubs.li/Q02RYLTC0 #hiring #jobs #insights

Where is Australia hiring? Discover Australian employers' hiring intentions in the ManpowerGroup Employment Outlook Survey report. Over 40,000 employers across eight sectors and 42 countries, including all Australian states and territories, reveal a +14% Net Employment Outlook. Learn more: https://hubs.li/Q02RYMPm0 #hiring #jobs #insights