Think recruitment slows down in November? Think Again! The Holidays Are Prime for Hidden Opportunities

As we head towards the end of the year, many assume recruitment grinds to a halt during November and December. However, the latest Australian employment data tells a different story.

Unemployment remains stable at 4.1% in October, with a modest yet significant increase of 15,900 jobs. While this is slower growth compared to earlier months, it signals resilience in the job market. Moreover, sectors like full-time and part-time employment both saw gains, reflecting sustained demand despite economic headwinds.

For job seekers, this period can be a golden opportunity. The holidays often mean less competition, as many pause their job search until the new year. But for companies looking to secure top talent ahead of January, it’s an active time to fill critical roles before budgets reset or project pipelines pick up.

Recent trends also suggest that economic stability is paving the way for promising opportunities.

• Wages: Despite a slowdown in wage growth (3.5% annually in the September quarter), businesses are still competing for skilled workers, particularly in sectors like healthcare, tech, and admin roles.
• Inflation: With inflation cooling to 2.8%, pressure on purchasing power is easing, creating a more favourable environment for both employers and employees.
• Interest Rates: Economists forecast that the Reserve Bank of Australia might ease interest rates in 2025, offering more breathing room for businesses to invest in hiring.

As recruiters and hiring managers aim to close out the year strong, now is the time to position yourself for the opportunities emerging in this evolving market.

If you’re ready to make your next career move—or curious about what’s available—don’t wait for January. Reach out to TRESP Recruitment - Medtech and Healthtech Experts today, and let’s explore how this season can be the perfect time to find your next big opportunity.