The unemployment rate in Australia jumped to 6% in January from the previous year’s rate of 5.8% according to the Australian Bureau of Statistics (ABS).
Jobs growth is not as strong as it looked a couple of months ago, but not as flat as the latest figures say it is.
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One of the top challenges facing recruitment professionals in today’s competitive market is how to retain margins. Temp and contract desks gross profit as a % of sales remains under pressure and has put immense pressure on cash flow.
What can you do to retain margins and improve your cash flow?
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A talent shortage has led to 42 per cent of Australian employers struggling to fill roles despite national unemployment at 6.1 per cent, a survey has found.
Human resource and recruitment company Manpower Group Australia surveyed more than 1500 businesses and found one quarter of Australian companies were not currently implementing any tactics to curb the impact of the talent shortage.
In the annual survey, skilled trades were remained the hardest roles to fill.
This year management and executive positions came in at second hardest role to fill, up from ranked fifth in 2014.
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