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Transport jobs growing 'double the rate' of overall economy

21 October, 2014

Transport, logistics and supply chain jobs have experienced unprecedented growth, significantly outperforming the overall Australian market, according to Labourforce's October Job Index.

ANZ bank recently reported that their Job Advertisement Series had risen for the last four months, 7.6 per cent in the last twelve month.

Labourforce's TL&SC Jobs Index has risen 14.7 per cent over the same period and by 7.3 per cent in the last three months alone.

The Labourforce Index has now accumulated twelve months of data and clearer medium-term trends are appearing, the most obvious is phenomenal growth in stores and freight roles.

Post-mining boom rebalance

"The story that is emerging after 12 months of measuring the TL&SC jobs market is overall a positive one for the industry and workers," said Paul Mcleay, spokesperson for the Labourforce Jobs Index.

"But not all states are enjoying the industry upswing equally. The data are telling us a story of post-mining boom rebalancing, as Victoria, NSW and Queensland have picked up the lions share of new jobs across all sectors, reducing WA's share to under 10 per cent, down from 14.3 per cent a year ago.

"Interestingly, jobs in management are right down, having fallen 13.7 per cent in 12 months, while gains have been made in implementation functions.

"The big picture is good news for workers who might be losing their jobs as airlines or postal services restructure, but may find the environment conducive to finding new jobs.

"Workers who are able to relocate to follow the jobs East will be well positioned to find new employment."

Labourforce TL&SC Jobs Index October summary:

  • The National Index has risen a further 4.6 per cent in September, 14.7 per cent over twelve months
  • Victoria is the big winner, growing 47 per cent in 12 months
  • However WA's share of national TL&SC jobs has fallen to below 10 per cent for the first time

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