Hiring intentions remain in positive territory for 2Q19, despite recording a quarter-on-quarter decline, as a strong outlook for payrolls in the Public Administration & Education sector offsets notable declines across the Transportation & Utilities, Mining & Construction and Finance, Insurance & Real Estate sectors.
These are the results from the ManpowerGroup Employment Outlook Survey for the second quarter of 2019, which records a national Net Employment Outlook (NEO)[1] of +10% for Australia, signalling that more employers expect to increase staffing levels than not over the period. The survey collects data from over 59,000 employers in 44 countries, including over 1,500 in Australia.
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David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
