More employers look to hire staff than not

The latest ManpowerGroup employment outlook survey has found upbeat demand for workers in services, the public service and education sectors.

A file image of school students with their teacher in a classroom.

File photo Source: AAP

The latest ManpowerGroup employment outlook survey has found upbeat demand for workers in services, the public service and education sectors.

The strong employment gains that featured in 2017 are not finished just yet, with a new survey signalling more employers expect to increase their staffing levels in the coming months than not.

The ManpowerGroup employment outlook survey for the September quarter found especially upbeat hiring intentions in services and public administration and education sectors.

The survey of 1500 Australian employers found this positive tone wasn't being felt in wholesale and retail, and the finance, insurance, mining and construction sectors.

However, there is strong demand for labour from Australia's largest firms, an ongoing trend for over two years.

"The strength of Australia's labour market is evident across the economy despite softer outlooks in some sectors," ManpowerGroup Australia and New Zealand managing director Richard Fischer said, releasing the survey findings on Tuesday.

"Rather than employment growth being dependent on one sector, such as during the mining boom, we are now seeing a sustained positive outlook across all sectors."

These results come ahead of Thursday's official labour force figures for May.

Economists expect around 20,000 people found employment in May after a 22,600 increase in the previous month.

The unemployment rate is expected to remain at 5.6 per cent.

This follows a fairly patchy start to the year, which included two months of small employment declines, after the record of more than 400,000 jobs that were secured over 2017.

Other data due will see the weekly ANZ-Roy Morgan consumer confidence survey on Tuesday and the monthly Westpac-Melbourne Institute version on Wednesday

Both will capture the response to last week's strong economic growth figures that saw the annual pace perk up to 3.1 per cent, the fastest in almost two years.

The National Australia Bank monthly business survey on Tuesday may indicate whether such growth can be sustained.

 

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Presented by Nikki Alfonso-Gregorio
Source: AAP

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