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Job growth continues

The National Index for job vacancies for mining and resources has continued to increase with a rise of 1.8 per cent in November and is now up 9.8 per cent for the quarter and 34.7 per cent in 12 months.

Year on year vacancies are 34.7 per cent higher than in November 2016, according to the DFP Recruitment Services.

Permanent job vacancies were up three per cent for the month and are now up 37.3 per cent over 12 months.

Temporary/Contractor job vacancies were up 0.3 per cent for the month and are up 31.4 per cent over 12 months.

WA led the way with growth and had an increase for the month of 3.3 per cent and is now up 27.4 per cent year on year.

Queensland was up this month by 2.7 per cent and after solid increases over six months, is now up 36.7 per cent year on year.

The correlation between job vacancies and commodity prices have again aligned.

Despite a drop in November of 3.1 per cent, hiring by Iron Ore miners continues to lead the way and is up 61.6 per cent over 12 month,s

Oil & Gas extraction had another positive month and grew by 13.7 per cent.  Political debate regarding gas extraction policy is watched with interest and is likely to have an impact on continued jobs growth in this sector.

After consistent declines in 2017, Coal & Mineral Mining had another positive month, up by 8.8 per cent. The coal sector remains down 13.1 per cent year on year.

Operational Management vacancies were down for the second month with a fall in November by 6.4 per cent. It’s still up 15 per cent over 12 months but this lags the gains experienced in other high level occupational groups.

Vacancies have continued to be on the increase for Engineering Professionals, with a further increase of 5.1 per cent for the month and up 67 per cent over the past year.

Riggers and Labourers lead the way as the highest performing occupation, and hiring for the month was again up by 2.5 per cent.

DFP Mining & Resources Job Index – Nov 2017

 

 

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