Aust workers the most insecure PDF Print E-mail
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Wednesday, 05 December 2012 08:15

Worries about future of the mining boom and concerns about the global economy has left Australian workers the most insecure about their jobs in the Asia Pacific, a survey says.

A report from recruitment firm Randstad entitled "World of Work" found 33 per cent of local workers felt less secure in their job compared with a year ago.

It was the highest figure in the Asia-Pacific, ahead of countries such as Malaysia (21 per cent) and China (25 per cent).

The figure was well above last year's result of 20 per cent.

Randstad operations director Steve Shepherd said the increase over the previous year reflected nervousness about the strength of the resources boom and uncertainty about the global economy.

"Over the last few months, there's been question marks over the robustness of the Australian economy with lots of the talk about the mining and resources sectors coming off the boil," Mr Shepherd said.

"We are seeing a level of caution around that."

There was also an age divide present in the results, with 20 per cent of Generation Y workers reporting that they felt less secure than in 2011 compared with 39 per cent for more mature workers.

The report also found the proportion of respondents planning leave their job in the year ahead had increased to 59 per cent compared with 39 per cent in the 2011 survey.

Mr Shepherd said the willingness to move was most prevalent in the skilled trades where demand was greatest such as engineering, information technology and healthcare.

"The underlying factors of an ageing population and relatively low migration levels still create skills shortages across key areas .... and I don't think much has changed there," Mr Shepherd said.

The nation's unemployment rate was a seasonally adjusted 5.4 per cent in October, with the Australian Bureau of Statistics due report the November labour force data on Thursday.

 



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