Positive jobs outlook in finance sector for 1Q19

Positive jobs outlook in finance sector for 1Q19

The employment outlook in the finance sector for the first quarter of the year remains strong despite the Hayne commission and a decline in property prices, according to a recruiter.

The Manpower Employment Outlook Survey found the net employment outlook for the finance, insurance and real estate sector sits at +15 per cent for the first three months of 2019.

The outlook is a decline of 6 points since 4Q18 but still steady with the same time last year.

The study expects more employers in finance will be implementing an increase of hiring levels than those who are not, with Manpower saying last year’s royal commission failed to affect employing intentions.

It also expects the decline in property prices in Australia will fail to impact employment in the sector.

Finance came in as one of the highest anticipated employers after mining and construction, which topped net employment outlook at +22 per cent, and transportation and utilities at +18 per cent.

Advertisement
Advertisement

The survey was based on data collected from more than 59,000 employers in 43 countries, including 1,500 in Australia.

from the web

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.