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Despite the relatively weaker NSW economy --- although it performed much better in the December 09 quarter --- jobs in this sector
are growing strongly again.
Managerial positions in NSW grew by 5.0%, specialist managerial jobs are growing even more strongly. Both full time (+4.7%) and
part time (+7.9%) positions are growing strongly. Having said that though, part time positions are still a relatively small component
of this market, comprising just 11% of jobs, although this is an increase from 1997 when they accounted for 8% of jobs.
Professional positions continue to grow strongly (+1.3%). In fact, over the GFC, jobs in this category have grown, although the
growth did slow in 2009. Educational professional positions continued to grow with jobs up 2.9%. Another consistently strong
sub-sector has been the health professionals, with jobs up 1.8%. Jobs for ICT professionals are yet to respond at this stage with
jobs falling, but the rate of decline has steadied, suggesting an upturn is imminent. Full time professional positions have grown
strongly over 2009, although the rate of growth has slowed to just 0.6% by February 10. Part time professional positions are
also growing again (+3.6%). The professionals sub-sector has a higher proportion of part time roles than is the case amongst
management positions. Part time roles for professionals account for 22.7% of jobs and this has grown from 18.9% in 1997.
With the economy starting to grow again, jobs in this sector are also expected to rise, increasing by 1.1% in the November 10
quarter. Demand is expected to expand for positions associated with jobs that assist with revenue or infrastructure growth.
These positions include engineers, property and construction professionals and employees more suited to a growth environment
such as sales and marketing professionals.
Source: ABS/EMDA Model 2010
NSW Business Cap Ex
This sector is punching above its weight in NSW
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