Pauloz
Expert
Joined: 02 Oct 2007
Posts: 1160
Career Advice: +3/-0
Location: Sydney
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 Posted: Tue Sep 08, 2009 12:10 am Post subject: |
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Mairead
Hard to tell if the "increase" is just relative, or natural inertia over the 12 month period, all the unavoidable job vacancies catching up with employers after all those cutbacks.
Since the crash, we've been seeing an almost purely economic demographic series of things, including increased numbers of people from the US and UK, increased numbers of people with unemployment issues in the US, and a lot more people doing cut and paste posts for a "living".
The actual employment market, particularly online job ads, looks pretty flat. Even in Australia, we had a massive drop in online ads, and we're doing comparatively well in terms of unemployment growth.
The global job market looks like the sudden drop off in business capital was the main catalyst for the cutbacks, with a lot of employers going defensive. It's looking like they automatically went for the bare bones staffing option, trying to preempt the downturns.
Another odd situation is that unemployment numbers are getting skewed globally by the statistics about people who aren't employed, but "aren't looking for work", either. That's a grey patch, and as a statistic, it's a matter of opinion if it means anything beyond the fact that the demographers don't know what's going on with these people.
I don't think the actual situation has improved much, but it does look like the levels are stabilizing, and the cuts have ended. US and EU employment is fairly static, some improvements in some sectors. I'd say it will require a lot more than job numbers to prove it's safe for employers to come out yet.
There will be a major improvement when the tipping point is reached. Some big US chain stores put whole new chains, like 100 new stores, on hold when the crash hit, and that's some sort of indicator of how the recovery will operate when it picks up steam. Construction projects also shut down because of lack of finance. There should be an employment boom, based on these situations. |
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