Finance, tech lay-offs won’t dent voracious local jobs market

But despite the wave of forced exits, there has rarely been a better time to find a new job, with Australia’s already tight labour market expected to keep demand for workers strong even as the economy slows.

“[Locally] there are still 444,000 vacant jobs across a really broad range of industries,” and recent job losses were unlikely to be substantial enough to hit the 48-year low 3.4 per cent unemployment rate, she added. Similarly, the government’s preliminary internet vacancy index released on Friday showed a 0.3 per cent pullback in December, though it remains well elevated above the trend over the past decade.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Can Credit Suisse’s investment bank make a comeback?OPINION: It was one of Australia’s great finance finishing schools. Will independence from Zurich allow it to rise again?
Source: FinancialReview - 🏆 2. / 90 Read more »

The 60/40 portfolio is back as investors eye stocks, bondsA survey of 2000 Australian investors found 87 per cent of respondents intended to deploy more capital in a range of assets, despite economists warning of global recession.
Source: FinancialReview - 🏆 2. / 90 Read more »