LABOR MARKET – AUSTRALIA

Robots to take 500,000 jobs

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Original article by Jacob Greber
The Australian Financial Review – Page: 7 : 10-Dec-14

The Department of Industry’s "Australian Industry Report 2014" suggests that many white-collar jobs that involve routine tasks could automated in coming years. These include roles such as accountants, bank tellers, supermarket cashiers and pharmacists. Some 78.6 per cent of people in roles that are risk from automation hold a university degree. A report in 2013 found that around 47 per cent of jobs in the US could potentially be replaced by automation

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, AUSTRALIA. PRODUCTIVITY COMMISSION, OXFORD UNIVERSITY. OXFORD MARTIN SCHOOL

Fewer Australians work or look for work as workforce shrinks to just over 12 million in October

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 6-Nov-14

A Roy Morgan Research survey on Australia’s labour market has found that the real unemployment rate fell by 0.8 per cent to 9.1 per cent in October 2014. The workforce fell by 215,000 to 12,00,000 in total, and the number of people who were underemployed rose by 102,000 to 9.3 per cent. The official unemployment rate was 6.2 per cent in September. Roy Morgan Research executive chairman Gary Morgan notes that October was the 29th straight month in which more than one million Australians were unemployed, as well as the 35th successive month in which more than two million people have been either unemployed or underemployed

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA

Education growing as place for jobs

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Original article by Shane Wright
The West Australian – Page: 20 : 19-Sep-14

The Australian employment market is changing. In the three months to August 2014, for the first time there were more people employed in education and training than manufacturing. In Western Australia (WA), education surpassed manufacturing nearly three years before. In WA, there were fewer than 96,000 people directly employed in mining, the lowest number since mid-2011. There were 152,000 retail workers, 150,000 healthcare workers and over 34,000 in the real estate sector

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, COMMONWEALTH SECURITIES LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Wary reaction to jobs data

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Original article by Joanna Heath
The Australian Financial Review – Page: 5 : 12-Sep-14

Data from the Australian Bureau of Statistics (ABS) show that the economy added 121,000 jobs in August 2014. The jobless rate fell from a 12-year high of 6.4 per cent in July to 6.1 per cent. Economists have questioned the accuracy of the data, and Adam Boyton of Deutsche Bank says the Reserve Bank is likely to adopt a similar approach. The ABS changed the way it compiles employment data in July

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS,{SPAC}DEUTSCHE BANK AG,{SPAC}CITIGROUP PTY LTD,{SPAC}RESERVE BANK OF AUSTRALIA,{SPAC}AUSTRALIA. DEPT OF EMPLOYMENT

Drop in unemployment figures mask the job losses recorded in July – Australian workforce in contraction

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 5-Aug-14

A Roy Morgan Research survey on Australia’s labour market has found that the real unemployment rate fell by 0.4 per cent to 10.2 per cent in July 2014. The workforce fell by 141,000 to 12,367,000 in total, and the number of people who were underemployed fell by 109,000 to 8.7 per cent. The nation’s official unemployment rate was six per cent in June. Roy Morgan Research executive chairman Gary Morgan notes that July was the 26th straight month in which more than one million people were unemployed, as well as the 32nd successive month in which more than two million people have been either unemployed or underemployed

CORPORATES
ROY MORGAN RESEARCH LIMITED, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF THE TREASURY

Graduates face worst job market in 20 years

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Original article by Tim Dodd, Edmund Tadros
The Australian Financial Review – Page: 7 : 30-Jul-14

Data from Graduate Careers Australia (GCA) highlights the challenging employment market for new university graduates. A survey by GCA has found that just 71.3 per cent of bachelor degree graduates had jobs four months after leaving university in 2013, compared with 76.1 per cent in 2012. The decline was particularly acute among law, accounting and civil engineering graduates

CORPORATES
GRADUATE CAREERS AUSTRALIA, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIAN LABOR PARTY

Architecture firms rebuild

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Original article by Michael Bleby
The Australian Financial Review – Page: 44 : 3-Jul-14

While the jobs market for architects in Australia remains patchy, there are some signs of an emerging recovery. The forecast turnaround in the construction sector as building takes over from resources engineering has already led to BureauProberts in Brisbane lifting its headcount 25% to 25. However Wilson Architects, also in Brisbane, has downsized from 30 staff to 22. At Cox Rayner no further redundancies are planned after the workforce declined to 60 from 75, but nor will it recruit in 2014-15. Among recent casualties of the downturn in the profession have been the Smith Madden and Woodhead firms

CORPORATES
BUREAU PROBERTS PTY LTD, PECK VON HARTEL ARCHITECTS, SMITH MADDEN, WOODHEAD PTY LTD, GHD PTY LTD, PTW ARCHITECTS, CONRAD GARGETT RIDDEL ANCHER MORTLOCK WOOLLEY, THE RICE DAUBNEY GROUP, SUTERS ARCHITECTS, PEDDLE THORP AND WALKER PTY LTD, ELENBERG FRASER PTY LTD, GRIEVE GILLETT PTY LTD, BESPOKE CAREER MANAGEMENT PTY LTD, WILSON ARCHITECTS, COX RAYNER, THE AVDIEV GROUP