Resources jobs in calm before storm

Wednesday 19 November 2014

DFP Recruitment has released its mining and resources jobs index for October, which registered a rise of 1.3% to 63.56, the first increase since January 2014.

Year on year, the number of mining and resources job advertisements has fallen by 28.7% nationally, but by only 1.6% in the last quarter, suggesting some stabilisation. Permanent opportunities rose 4% in October, in stark contrast to a 38% fall over the past year. Contract and Temporary roles fell 1.4% to 79.92 and have recorded a 20.6% decline over past year (see next chart).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.