Sydney Jobs Market Update

As an interesting insight into Australia’s economic state and job potential, take a look at an article written by Michael Pascoe on Business Day – “It’s On! Economy hot-spots taking off”.

As I couldn’t put it better myself, I didn’t even try! But seriously. It appears that at least the inner city areas such as Sydney and Melbourne may be faring a bit better than the suburbs. For those thinking of taking off to Oz for your next job, you might want to stick to the big cities.

Economists from Bankwest have recently compared employment numbers from July 2009 with November 2007, in the early stages of the global financial crisis, to determine which areas and which industries were most affected by the downturn.

The analysis shows that inner Melbourne, where employment rose 10 per cent, and south-east Melbourne, where employment rose 6 per cent, were among the best performing areas. Similar strong jobs in Sydney growth was reported, as well as in eastern metropolitan Perth, and Ipswich, near Brisbane.

''Our report shows that employment in the inner suburbs has held up, highlighting that Australia's labour market has performed better than expected during the global financial crisis,'' said Bankwest retail chief executive Ian Corfield.

The strongest performing industry was electricity, gas, water and waste, where job numbers leapt 18.8 per cent, and mining which, despite the fall in global commodity prices, increased its employees by 10.5 per cent. ''It is no surprise that government-related employment has been cushioned in the downturn with areas such as health care and public administration performing well,'' Mr Corfield said.

Good news in the New South Wales IT sector also as BM Australia has more than doubled the number of people hired to work on NSW's $616 million computers-in-schools program Laptops for Learning.

L4L has already created more than 700 jobs for NSW technology workers. The original IBM plan was to employ 100 contractors to install Aruba wireless networks in 463 secondary schools, but as the project enters its last phase about 150 extra positions have been generated.

The department will hire more than 400 technical support officers while L4L key partners Lenovo, Microsoft and Adobe have invested resources into the program. Lenovo has a $150m contract to supply up to 267,000 netbooks over four years, including about 25,000 units for teachers. IBM's deal is worth $70m.

This article is written by Kellie Whitehead. Kellie writes job related content for TeleportMyJob.Com, specializing in helping professionals relocate their careers in international opportunities like Singapore jobs, Sydney jobs, and Jobs in Dubai.