Home' Employment Forecast : MyCareer Employment Forecast 2010 October Edition Contents Total Jobs
This sector is rapidly growing as it moves strongly out of the GFC doldrums. Jobs growth in the year to August 2010 was
particularly strong, up 6.2%. Jobs are developing in the legal and accounting services sub-sector, growing at 6.0% in the 12 months
to August 2010. Employment for fnance managers and controllers is also growing strongly.
The advertising sub-sector has really bounced back, with a 9.6% increase in spending in the six months to June 2010 compared
with the same period last year, according to CEASA. The biggest growth category was metropolitan television advertising (up
20.2%), while internet advertising still continues to grow (+19.3%).
The consultancy sub-sector has also sprung back to life, with a number of consultancies experiencing strong growth as confdence
returns to the economy. Management consultants A. T. Kearney is confdent that fees and head counts will rise 50-60% in the next
two years or so. Jobs in this sub-sector are currently growing at 12.5% p.a. in the year ended August 2010 after a fairly
The property side is also picking up again with the demand for real estate agents growing at 1.7%. As a sign of even better times
around the corner, demand for architectural, engineering and technical services positions are also growing strongly.
All states are showing strong growth, particularly WA as the mining industry really gathers pace. NSW is returning to strong
growth after years of softer performance. In Queensland, the advisory sub-sector will get a boost with the Queensland Government
announcing the foat of QR National, the government rail freight business. This is expected to net between $4 billion and $5 billion
for the state. Victoria is also experiencing growth in this sector in line with the state’s strong economic growth. SA is also achieving
modest growth in this industry in line with its overall economic performance.
With confdence improving in this sector, the outlook is strong, especially as jobs are forecast to grow by 4.3% on an annual rate by
May 2011. This is another industry that in the future will have increasing diffculty fnding suitably skilled people in certain areas.
MyCareer Employment Forecast
Property and Business Services
After a poor 2009, this sector is again growing very strongly
Links Archive April 2010 MyCareer Employment Forecast April 2011 Navigation Previous Page Next Page