Employment Market Trends Quarter 2 24/25

  The 2024 calendar year was defined by cautious economic policies, tighter budgets, and tough decisions. Smaller Northern Beaches businesses, in particular, had to navigate these challenges, while larger companies showed some resilience. The slowdown in wage growth also limited consumer spending, further affecting the economy. Looking ahead, 2025 offers a more optimistic outlook. The…

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Employment Market Trends Q4 2024

As we work our way through the latter end of 2024, unemployment remains at historic lows and the labour market is showing signs of softening. The unemployment rate ticked up since last quarter (now 4.1% nationally, and 3.9% in NSW), though Australia’s employment-to-population ratio remained stable – suggesting employment growth and population growth matched one…

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Retention – Don’t let your top performers slip away

  DON’T LET YOUR TOP PERFORMERS SLIP AWAY   In the dynamic landscape of modern business, attracting top talent is just the first step toward success. Retaining that talent, nurturing it, and harnessing its full potential is the true mark of a thriving organisation.    After 17 years in the people business here’s what we’ve…

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Q3 FY2024 Employment market trends

A cautious start to 2024   2024 has had a complex beginning, with unemployment at record lows, inflation still running high and the fourth consecutive drop in the Job Index.    The challenge of skill shortages continues to persist in 2024, how will employers and the government respond?    What are the Northern Beaches job…

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