AU Release 4Q12 by 6pIR9453

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11th September 2012

 Australia’s employers remain cautiously optimistic about
      hiring: Manpower Employment Outlook Survey

Australia: The Manpower Employment Outlook Survey released today reveals some
opportunities remain available for Australia’s job seekers. The Net Employment Outlook
remains positive despite local and global economic jitters, and falls just one percentage point
this quarter to a Net Employment Outlook of +9%.

The survey of over 2,200 Australian employers, which measures hiring intentions for the
coming quarter, revealed that 20 per cent of employers expect to increase hiring, while the
number of companies planning to decrease hiring has remained steady at 11 per cent. With
no significant change from last quarter, these results point to the jobs market remaining
steady for the remainder of 2012.

Lincoln Crawley, Managing Director of ManpowerGroup Australia and New Zealand, said,
“The jobs market appears quite resilient in the face of concerns about the carbon tax, the
continuing Eurozone crisis and fears of a Chinese slowdown.

“While the last 12 months have seen a slow downward trend for employer hiring confidence,
there is certainly no sign of panic; in fact 1 in 5 employers plan to increase hiring in the last
quarter of 2012, while the vast majority will maintain their staff levels. Overall, the jobs
forecast is down but certainly not out.”

Patchwork Economy alive and well

The survey results show that employer hiring plans continue to reflect the ‘patchwork’ jobs
pattern of Australia.
     Employers in the Services sector report the most positive hiring intentions with a Net
        Employment Outlook of +16%, reflecting a 2 percentage point increase when
        compared with last quarter.
     In the Wholesale Trade & Retail Trade sector, the Outlook improves five percentage
        points quarter-over-quarter to +9%. It’s the strongest level reported by employees in
        the sector in more than a year, and is likely driven by employers planning for the
        Christmas season.
     Conversely, Manufacturing employers report a noticeable decline in the Australian
        jobs market. Hiring plans decline by 6 percentage points quarter-over-quarter to a
        Net Employment Outlook of 0%, its weakest point since the third quarter of 2009.


      Hiring plans also decrease by a moderate 8 percentage points quarter-over-quarter
       in the Finance, Insurance and Real Estate sector where employers report an Outlook
       of +11%. Meanwhile, confidence remains intact in the Mining & Construction sector
         where employers report no changes in hiring plans when compared with last quarter.
         The Net Employment Outlook in the sector stands at +10%.

“The industry sector survey results support the view that there is a structural shift occurring
in the economy, with demand for professional skills in areas such as services and mining
helping to offset the continued loss of manufacturing positions,” Mr. Crawley said.

Among the states and territories the forecast is mixed:
   Employers in the Northern Territory report the strongest hiring plans with a healthy
     Net Employment Outlook of +24%, with seasonal work in the area picking up as well
     as continued resources projects.
   In Western Australia, hiring plans improve 5 percentage points from last quarter, with
     employers there reporting a healthy Outlook of +22%.
   Meanwhile, the Outlook in New South Wales slides downward for the sixth
     consecutive quarter, and now nearly mirrors the hiring forecast at the national level
     with an Outlook of +10%.
   On the downside, Tasmanian confidence dropped six percentage points from last
     quarter to a Net Employment Outlook of -6%, the weakest forecast reported in the
     region since the Australian survey began in 2003.
   Similarly, Victoria’s forecast is the weakest on the mainland, with employers there
     reporting an Outlook of just +6%.
   Following an upbeat forecast last quarter, employer confidence in Queensland
     declines six percentage points to an Outlook of +7%, which is slightly below the
     national average.

Mr. Crawley warns that no matter what the quarterly movements suggest, employers should
not lose sight of their long-term workforce strategy.

“This survey reflects hiring intentions and not the ability to fill roles. Our latest Talent
Shortage Survey found that 50 percent of employers still can’t find the workers they need for
every role. Therefore, businesses need to be looking at their workforce from a longer-term
perspective, continuously building their talent pipeline.”

For jobseekers, flexibility continues to be critical, according to Mr. Crawley.

“The economy is undergoing significant change so job seekers need to focus on the areas
that are growing and be willing to adapt. That may mean moving locations, retraining or
updating your skills. The key is to go where the work is and develop the skills that are in
demand,” he said.

                                                     ENDS

Media Contact:

Alexis Carroll
Buchan Consulting
acarroll@buchanwe.com.au
02 9237 2802

About ManpowerGroup

ManpowerGroup™ (NYSE: MAN), the world leader in innovative workforce solutions, creates and
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ManpowerGroup is the most trusted brand in the industry, being the only company in our industry to be
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