Mining job ads plunge

From DFP:

 Welcome to the latest edition of the DFP Mining and Resources Job Index which provides month end data for April 2015. The Index experienced a further weakening of 5.7% in April to 56.62. In the last quarter, the number of vacancies advertised has now fallen 16.7%. The Permanent index has slipped to 45.79, less than half the figure recorded when we first started publishing vacancy data in 2013. In contrast, the Temporary and Contract index has fallen only 16.9% over 12 months. The index for Western Australia has fallen by 24.2% in the last quarter, however, the Queensland market has stabilised with no movement in job vacancies since January.

A sure sign of employer’s lack of confidence is best demonstrated by the particularly strong decline in permanent opportunities – down 5.6% in April and down 26.9% in the last quarter. The index for Permanent roles has slipped to 45.79, less than half the amount recorded when we first started publishing vacancy data. The Temporary and Contract index has fallen only 16.9% over 12 months to 72.1. Clearly there is an increased appetite for organisations to engage personnel under more flexible working arrangements. It is also noted that with the higher number of available candidates within the resources market, there is less need for organisations to advertise for existing vacancies.