SA Mines and Energy Journal : October-November 2010
A healthy but tight jobs market As we enter the fourth quarter of the calendar year, the contrast in Australia's employment market to 18 months prior couldn't be greater, says a recruiting expert from Hays Resources & Mining. "The resources and mining sector bounced back from the global economic downturn late last year," says Simon Winfield of Hays Resources & Mining. "Strengthening commodity prices and resurgent demand from some of Australia's key export markets resulted in production ramp-ups, increased exploration spending and higher levels of investor activity. "Despite some tentative market sentiments earlier in the year as a result of the RSPT, job numbers have continued to increase. "In August the unemployment rate fell to 5.1 percent, down from 5.3 percent and well ahead of expectations. 53,100 full-time jobs were created in August across Australia - the biggest monthly increase in two years. "This shows the Australian economy is going from strength to strength. The rise in full-time positions shows employers are willing to recruit additional staff and business confidence is good. It shows that our labour market is very healthy and very tight," said Simon. In addition, the latest SEEK Employment Index also confirms that the recovery is picking up pace, with new jobs ads rising by 5.5 percent in July 2010, up 50 percent on one year prior. Healthy job numbers have already led to the re-emergence of skills shortages in some areas, according to Hays Resources & Mining. "For example in South Australia, Mining Engineers at all levels as well as Drill and Blast Engineers are needed," said Simon. "An increasing number of new projects are commencing, creating demand from operators, mine owners and consultancies, primarily in open cut. Expanding operations at major sites and new iron ore mines are further fuelling demand for drill and blast capabilities. Geologists are also needed. "Given such levels of candidate demand, a skills 'war' is imminent. Indeed, by the end of 2010 demand is expected to return to pre-GFC levels. This means that those employers with effective resource planning and the right infrastructure will be the ones who come out ahead. "This includes access to a global candidate pool, re-examining recruitment practices to ensure they are best-practice and shortening the recruitment process in order to act quickly and secure top talent. Candidates are asking for more information about a job's responsibilities and want to know if clear career paths are offered. "The shortage of skills is also likely to place additional pressure on salaries. The 2010 Hays Salary Guide shows that over half (54 per cent) of all employers in the mining and resources industry expect to increase salaries by between three and six per cent in their next review. "A further 18 per cent expect to increase salaries above 6 per cent," he said. The Hays Salary Guide is available at www.hays.com.au/salary Contact Hays Resources & Mining in Adelaide on 08 7221 4141 or firstname.lastname@example.org. SENIO E PLO A ION GEOLOGIS E PLO E, DISCOVE , DEFINE MINE P ODUC ION SUPE IN ENDEN ENSU E A GE S A E ACHIEVED hays.com.au hays.com.au W k g l pr sp s s r , s pr gr ss pl r p s l k g k p fi g . W pl r p g g pl r ss r s, s r s p r r E pl r G l g s s pp r E pl r M g r. ll ss s s g r pl r sp g, fi r ll rg s g r G l g s s r ll r s. F r r r , k A l CBD ll lp l r ll r s l s, l pr sp p s s p r r ll pr gr s r 2011. l r pr s g p p ss l s rs ll ls p r r r l . lfill r r s s ll g g p ss l r r fi g pp r ll s s E pl r G l g s ll s r g kgr s r g l g . Contact Jesper Munk at email@example.com or 08 7221 4141. s r l g r r s l k g r r s s l A s r l p r s. W p s pl g r , s s ll l g s r s r l s k p r r r pl s. p r g Op r s M g r rk g l s l r, Dr ll Bl s Pl g E g rs ll p l p r . r g l ls sk lls ll l g s rk r s g l s g pr rg s. ll s g fi pr s p r g s ls p p p r s A s r l , ll g ls pr sl g l rg / g l s s FIFO s s. s s r ll p s p s 8/6 r s r r A l . s r l s s gr pp r r r l p r r r, ls r r r r , l s ll g l rk/l l . Contact Jesper Munk at firstname.lastname@example.org or 08 7221 4141.
December 2010 - January 2011