Good time for job hunters

Published: 7:35PM Wednesday January 17, 2007 Source: One News

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There could be no better time to consider changing jobs.

Business confidence is the highest it has been in four years but firms are being held back by a shortage of both skilled and unskilled workers.

For Shannon Collins, the new year means a new job.

"I just felt like I was needing a bit of a change. The current position wasn't going anywhere," he says. "I think it's a job-hunter's market because I think you've got choice."

Thousands of others are stepping out into the world of job-hunting and it seems there are jobs-a-plenty.

The biggest online jobs board expects 29,000 adverts this month, 50% more than last year.

Jason Walker of Hays Specialist Recruitment says a lot of people have made new years' resolutions to move jobs.

"But also we're seeing the job market extremely active in relation to vacancies."

For skilled job-hunters in particular, the choice of vacancies is likely to continue. With business confidence at a four-year high, the number of firms planning to hire more staff has more than doubled since September.

Nearly one-in-five companies say the difficulty of finding workers is the biggest thing holding them back.

Recruiters and employers are looking are broadening their sights, considering more older workers

"They're solid, they've got good work ethics and they're not as driven to drive up the ladder, whereas the younger generation is more driven and they'll change jobs every 18 months or two years," says Ann Orman of Synergy Consulting.

While the news is good for job-hunters, it could be less cheery for the Reserve Bank.

Business plans to hike wages or hire more workers will put pressure on inflation, the bogey the bank governor is supposed to control.

It will become clear out how concerned the governor is next week, when he sets the official cash rate, which currently stands at 7.25%.

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