REPORT - ImpEx Personnel

SEPTEMBER 2014
Transport, Logistics &
Supply Chain Job Index
KEY
FINDINGS
The National Index
has risen a further
1.4% in August, 11.7%
over six months
Temporary and
REPORT
ABS: AUSTRALIA’S
UNEMPLOYMENT
RATE DECREASED
0.3 PERCENTAGE POINTS
TO 6.1% IN AUGUST 2014
TL&SC jobs growth
Earlier this month the Australian Bureau of
Statistics (ABS) announced the seasonally
adjusted unemployment rate decreased 0.3
percentage points to 6.1%.
outperforms the
broader employment
market
The seasonally adjusted labour force participation rate increased by 0.4
percentage points to 65.2% in August 2014.
contract remain very
strong rising 4.2% in
the month
August saw a 6.9% fall
in demand for air, sea
and rail specialists, a
reflection of severe
staffing cut backs by
the major airlines
Victoria is the most
buoyant market with
SA, NT and WA still
struggling
Vacancies do seem to
The ABS reported the number of people employed increased by 121,000
to 11,703,500 in August 2014 (seasonally adjusted). The increase in
employment was driven by increased part-time employment for both males
(up 65,400 persons) and females (up 41,300 persons). In trend terms the
number of people employed increased by 18,700 in August 2014.
This is in line with the Labourforce Job Index findings that The National
Index has risen a further 1.4% in August, which is 11.7% over six months.
Temporary and contract remain very strong rising 4.2%
We have found the Transport, Logistics & Supply Chain jobs growth
outperforms the broader employment market. We have also found
vacancies are transitioning from mining and resources to other industries.
be transitioning from
mining and resources
to other industries
Job vacancies for
transport and stores
people are increasing
with retail employers
There has been a big
pick up in demand
for both managerial
and clerical TL&SC
professionals
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REPORT
Transport, Logistics &
Supply Chain Job Index
We provide
reliable and
affordable
workplace
solutions for
your company.
The Labourforce group
of companies includes
LabourHealth and
ImpEx personnel.
They support the
transport, logistics and
supply chain sectors
with reliable, safe and
affordable solutions for
permanent, temporary
and contract
workforce.
All three companies
in the group work
around the clock, 24/7
because that’s when
our clients work.
NATIONAL JOB INDEX
Employment market continues to improve
The Transport Logistics and Supply Chain
employment market continues to improve
with the Labourforce Impex Job Index
rising 1.4% to 109.62 in August. Demand
has been strong through 2014 with the
Index rising an impressive 11.7% in six
months. With many others sectors still a bit
tentative this is a very strong performance
and encouraging news for job seekers and
experienced transport, logistics and supply
chain professionals.
Yet again, the rise in Temporary and
Contract opportunities has been dominant.
It rose 4.2% for the month to 123.00 and
is up a staggering 29.1% over six months.
The permanent job market rose only
0.6% in August and had stalled over the
past three months. However advertised
vacancies have risen 7.1% over six months,
which is still a good performance.
The Transport, Logistics and Supply Chain
sector continues to outperform the overall
Australian employment market. This trend
is set to continue in the short term however
economists are starting to dampen their
forecasts for 2015 so the long term growth
may not be sustained.
CHART 1 NATIONAL INDEX AND JOB TYPE ANALYSIS
TEMPORARY AND CONTRACT
NATIONAL
PERMANENT
STATE ANALYSIS
Victoria goes from strength to strength
The overall 1.4% rise in August disguises
quite a mixed bag of performances on a
regional basis. Deeper analysis reveals
falls of 0.7% in NSW/ACT and 0.8% in
Queensland while Victoria grew 5.2% and
Western Australia 4.5% in the last month.
The WA Index now sits at 83.2 so still
well down on this time last year when we
started measuring but the recovery from
the collapse in demand in late 2013/early
2014 has been encouraging.
In stark contrast Victoria goes from
strength to strength and, with an Index
standing at 138.20, is performing well
ahead of its Eastern state neighbours.
Momentum in both NSW/ACT and
Queensland seems to have waned.
CHART 2 COMPARISON OF STATE JOB INDICES
Regan Brown
WA
VIC/TAS
SA/NT
QLD
CEO
IMPEX
PERSONNEL
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NSW/ACT
SEPTEMBER 2014
REPORT
Transport, Logistics &
Supply Chain Job Index
ACT
1.7%
CHART 3
ANALYSIS OF JOB ADVERTISEMENTS
BY STATE AND TERRITORY AUGUST 2014
NSW
39.7%
WA
10.1%
Victoria is the big winner with its share now at
27.5% reflecting the strong growth in employment
opportunities in Transport, Logistics and Supply Chain
in the state over the last eleven months. Its share
11 months ago was 22.9%. Over the same period,
despite some improvement in the last three months,
WA share has declined from 14.3% to 10.1%
VIC
27.5%
QLD
16.6%
NT
1.2%
SA
TAS
2.6%
0.6%
OCCUPATIONAL ANALYSIS
Fall in demand for Air, Sea and Rail Transport
August saw a 6.9% fall in demand for Air, Sea and Rail
Transport. This combines to produce a 10.3% fall over three
months. We suspect the massive financial losses reported
by the major airlines, both large employers, contribute
significantly to this decline. We suspect more staff cut backs
will increase the pool of available talent.
Demand for Transport, Logistics and Supply Chain Managers
bounced back in August recording a 7.3% rise. Demand
has picked up 12.4% in the last three months albeit from a
low base which is great news for those in managerial and
executive roles in the sector.
Likewise demand for TL&SC clerical staff has been rising
gradually. The Index now sits at 104.01, an 18.1% rise in six
months.
For once demand for Store Persons and Freight Handlers
flat lined but, at 136.4, remains the strongest performing
occupational group.
CHART 4 ANALYSIS OF JOB ADVERTISEMENTS BY SPECIALIST OCCUPATION
STOREPERSONS AND FREIGHT HANDLERS
ROAD TRANSPORT
AIR, SEA AND RAIL TRANSPORT
TRANSPORT AND LOGISTICS CLERICAL
TRANSPORT AND LOGISTICS MANAGEMENT
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REPORT
Transport, Logistics &
Supply Chain Job Index
INDUSTRY ANALYSIS
Pick up in demand amongst Retail and Wholesale employers continues
The pick up in demand amongst Retail and
Wholesale employers reported last month
continues. August saw a further 2.9% increase
in vacancies advertised, a 14.7% rise in the last
quarter. It would appear that confidence amongst
consumers is helping create transport and stores
jobs with retail employers.
By way of contrast Public Admin, Health and
Education, a relatively small employer of transport
professionals, saw demand fall to a low of 84.01.
Somewhat surprisingly vacancies in Transport
employers actually rose. We suspect the net rise is
a combination of growth in road and rail while the
major airlines contract.
CHART 5 ANALYSIS OF JOB ADVERTISEMENTS BY INDUSTRY
PUBLIC ADMINISTRATION, HEALTHCARE AND EDUCATION
MINING, UTILITIES AND CONSTRUCTION
PROFESSIONAL, SCIENTIFIC AND TECHNICAL
RETAIL AND WHOLESALE
MANUFACTURING
TRANSPORT AND LOGISTICS
CHART 6 THE PROPORTION OF JOB
ADVERTISEMENTS BY INDUSTRY AUGUST 2014
MANUFACTURING
23.7%
TRANSPORT
& LOGISTICS
31.2%
PUBLIC
ADMINISTRATION,
HEALTHCARE
& EDUCATION
6.7 %
RETAIL &
WHOLESALE
16.4%
PROFESSIONAL,
SCIENTIFIC
& TECHNICAL
7.7%
Mining, Utilities and Construction now represents
a 14.3% share of all advertised vacancies. This is
down from 16.1% when measurement began. As the
Australian economy transitions away from the mining
and resources sector we expect its share of TL&SC
jobs to continue to diminish.
MINING, UTILITIES
& CONSTRUCTION
14.3%
DATA SUPPLIED UNDER COPYRIGHT BY HRO2 RESEARCH PTY LTD
For more information about Labourforce Impex Transport, Logistics & Supply Chain Job Index
IMPEX PHONE 1300 85 85 15 EMAIL info@impexpersonnel.com.au
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