Monday, November 08, 2004

Online job advertisements bounce back

Got this from the PRWRA egroup emails:

"Internet job ads hit a four-year peak last month, underscoring the strength of the economy and promising further employment growth.

According to the Olivier Internet Job Index, online advertisements for hospitality and tourism jobs were up 12 per cent in the month, and for building and construction, 11 per cent.

There was also a big recovery in information technology job ads, which rose 5.5 per cent last month to be up 84.6 per cent on the year before.

However, the banking and financial services bucked the trend, falling 8.3 per cent last month.

Robert Olivier, director of recruitment services firm the Olivier Group, said internet job advertising had been growing strongly since January.

"We're back to the euphoria of mid-2000 when the pre-Olympic optimism was at its height and the IT boom was in full flow," Mr Olivier said. "But this time the growth is based on broad business confidence and it's more sustainable."

Graduate job ads rose 15 per cent in October and have almost doubled in the past year. There was also strong demand for those with trades.

"There's a real lack of qualified people. The trades are a phenomenal opportunity at the moment," Mr Olivier said.

There was also strong demand for casual and part-time jobs, especially in hospitality and sales.

The Internet Job Index rose 6.9 per cent in October, bringing 12-month growth to almost 40 per cent. There were 146,742 jobs on surveyed job sites in October compared with the record 150,222 set in August 2000."

Perhaps it is time to update your accounts with online job boards? Heh...


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