There's some good news for the growing number of lawyers with itchy feet, with a recent survey showing that employers in the services sector have the most optimistic hiring expectations going into the first quarter 2010.
The survey was conducted by recruiter Manpower and canvassed the views of more than 2,000 Australian employers.
It showed that services sector employees had a Net Employment Outlook (NEO) of +24 percent for first quarter 2010, up from +13 per cent in fourth quarter 2009. This was calculated on the basis of an increase in the proportion of services sector employers planning to increase hiring (28 per cent for first quarter 2010 compared with 22 per cent in fourth quarter 2009), and a decrease in the proportion of employers planning to decrease hiring (6 per cent for first quarter 2010 compared with 7 per cent in fourth quarter 2009).
Over the economy as a whole, the news for Australian job seekers is positive with the overall NEO for Australian employers rising from +8 per cent in fourth quarter 2009 to +19 per cent in first quarter 2010. Compared on with the international outlook, the Australian recruitment scene is looking healthy, with Australian employers reporting the sixth strongest hiring plans of the 35 countries Manpower surveyed. It ranked only behind India (+39 per cent), Brazil (+31 per cent), Singapore (+26 per cent), Taiwan (+25 per cent) and Costa Rica (+20 per cent), and it posted one of the most notable increases in the Asia Pacific region.
Meanwhile, the employment outlook is still lagging in the US (+6 per cent), the UK (+0 per cent) and some parts of Europe including France (+1 per cent).