Home' Employment Forecast : MyCareer Employment Forecast April 2011 Contents Total Jobs
Change in Jobs
Change in Jobs Quarterly
The Western Australian economy is very dependent on its natural resources and as demand for these is strong, so too is the
state’s economy. It is growing at 3.6% (December 2010 quarter). While this is still well below the heady double-digit growth days
of 2006/07, the economy is still strong enough to generate solid employment growth.
This recovery in economic growth, fuelled by the Mining Sector, generated strong full time jobs growth of 3.7% in the year to
February 2010. That provided an additional 30,000 full time positions in one year alone. At the same time, unemployment fell to
4.4%, well below the GFC-induced peak of 5.5% and considered very close to full employment.
This strong economic growth and very low unemployment has translated into labour shortages continuing to grow in WA. Job
vacancies are at record numbers, even higher than the pre-GFC levels, and growing at 14%. With this strong labour market,
there continues to be skills shortages reported in just about all trade and mining related engineering felds.
While the job market is expected to continue to beneft from the Mining Sector boost, business employment intentions have
continued to grow in WA, +8.4 in the December 2010 year, well up from the low of -30 in the March 2009 quarter. This translates
to a good solid jobs market with the annual rate forecasted to reach 3.2% by February 2012.
MyCareer Employment Forecast
Another resources and jobs boom is returning to Western Australia
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