Transport jobs suffer big drop in January as fuel costs force companies to tighten belts
January 20, 2010
Transport jobs have decreased by 7.3 percent in January despite the overall percentage of jobs in Australia rising by 1.54 percent.
The Olivier Job Index Australian Market Report published every month says the drop in employment in the transport sector is due to rising fuel costs.
“The relatively small sector of transport has been hit this month with a decrease of 7.3 percent,” Olivier Director John Olivier says.
“It is likely that the rising fuel costs and the promise of further price hikes could be causing businesses in this area to tighten their belts”.
This latest rise follows a substantial growth in demand for jobs throughout Australia in December of 9.1 percent, and figures are now up just over 10 percent from their lowest point in 2009.
However job advertisements still remain 33.7 percent lower than the same time last year.