Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Staff hiring to slow

Staff Reporter 1 minute read

Confidence among Australian employers has declined for the fifth consecutive quarter to a record low, recruitment firm Hudson has today revealed.

The company’s national survey of 6,337 employers showed that employer confidence for Q2 2009 now sits at net 0.8 per cent, a four-fold drop compared with Q1 and a massive forty-seven-fold drop compared with confidence figures registered 12 months ago.

In raw figures, in Q2 18.6 per cent of employers intend to grow their permanent headcount, 63.6 per cent intend to keep current staffing levels while18.8 per cent plan to cut it.

Hudson Australia/ New Zealand’s CEO Mark Steyn said current uncertainty within the business community as a result of the global financing crisis has made it difficult for employers to make long-term strategic decisions.

“This is impacting hiring intentions and we see this sentiment continuing on the short-term at least,” he said.

Advertisement
Advertisement

 

Staff hiring to slow
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
ANZ new still ta ANZ extends business loan terms

The major bank has announced that it will extend the maximum loan...

cash money rolls Credit growth stunted by dive in business lending

Credit growth has waned as a result of a sharp drop-off in busine...

court gavel ta Court rules against bank for ‘unfair’ loan terms

The Federal Court has declared a number of loan contracts entered...

FROM THE WEB