The Labor Market in the Hunter Region
From a recruitment perspective, the Hunter Region’s labour market remains incredibly competitive as outlined above. Jobs are plentiful and candidates are a little thin on the ground. In our opinion the recent spate of interest rates hikes and cost of living pressures are seeing candidates take a more cautious approach when considering a career change.
Given the substantial investment in the region and the stable price of coal, it is likely that the Hunter Region will continue to experience wage growth, trade and technical skill shortages, and a tight labour market for years to come.
While the broader economic landscape in New South Wales may be marked by uncertainty and proposed workforce reductions for some businesses, the Hunter Region remains a beacon of hope. Its economic diversity, ties to the mining sector, thriving construction industry, and significant infrastructure investments contribute to a labour market that continues to drive forward.
As a labour hire and recruitment company, we continue to work with our clients to discuss strategies to build a consistent and sustainable workforce.
If you are looking to partner with a recruitment company who can increase your chances of finding you the right staff for permanent positions or project-based work and labour hire, please reach out for a chat.