By far the biggest source of new job advertisements in Australia is mining, resources and energy, according to an annual report published by SEEK, Australia’s number one jobs site.
There was a 72% rise in job advertisements in the sector in August 2017 compared to August 2016.
Such a rise in the number of mining jobs is a trend not just confined to Australia.
ManpowerGroup’s Employment Outlook Report found that in the US, staffing levels in the US mining sector are expected to grow by 13% during Q4 2017.
All of this is good news for the industry. The rise in staffing is a positive sign of recovery for the industry after a difficult few years.
“We had a large downturn between 2014-2016 and the industry is coming back,” said Matthew Wilcox, Nordgold’s Project Director of the Gross mine project.
“It certainly went through a big lull and it didn’t necessarily make things more difficult for the mines or developing projects but it meant a lot more manpower resources were available to companies that were investing at the time.
“As things recover, there’s more competition for staff and contractors.”
Solid economic performance in a number of regions is proving to be positive news for the mining and metals sector.
According to figures from EY, global growth will reach 2.8% this year and is forecast at 3% in 2018.
Both the US and Eurozone are growing steadily at around 2.1% in 2017 and this is expected to continue in the EU in 2018.
US economic growth may be stronger in 2018 at around 2.4% on the back of stimulus plans.
As the industry returns to strength, there will be increased demand for staff.