Home' Employment Forecast : MyCareer Employment Forecast April 2011 Contents Total Jobs
Change in Jobs
Change in Jobs Quarterly
South Australia is benefting from the strong recovery in the resources market, with the economy growing at 2.7% in the
December 2010 quarter, well up from the June 2009 trough of 0.8%. The reasonably strong growth has lead to a boost in full
time jobs, with jobs rising by 2.6% on an annual basis. Part time positions are slowing as employers switch to full time capacities.
SA has experienced a small fall in unemployment, down to 5.7% in February 2011. This indicates that the state is approaching full
employment, but relative to other states has some way to go before that stage is reached. Job vacancies have slowed but they
are at a similar level to the years just before the GFC.
The Mining Sector, already a signifcant contributor to the SA economy, may have more to come. BHP Billiton has announced it
expects to make a decision on the proposed $16.9 billion expansion of the Olympic Dam copper, gold and uranium mine in the
next 12 months. The company has indicated that subject to environmental conditions the project is being looked on favourably.
Should the expansion proceed, it would make Olympic Dam one of the biggest open cut mines in the world, providing a huge
boost to the state’s economy.
Employment intentions have continued to grow in SA, +8.8 in the December 2010 year, well up from the trough of -29 in the
March 2009 quarter. With a strong outlook for the Mining Sector in particular and better employment intentions, the jobs
market is forecast to continue to grow, reaching +1.3% in the year to February 2012.
MyCareer Employment Forecast
SA puts in another steady performance
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