Unlocking Career Opportunities: Insights from AHRI’s Quarterly Australian Work Outlook – March 2025
Sandy Hutchison
Founder of Career Money Life | CAHRI | Reinventing Career Transition
In today's fast-paced job market, staying ahead of the trends is key to landing your next role. The Australian HR Institute's (AHRI) Quarterly Australian Work Outlook for March 2025 reveals crucial insights into the current employment landscape. Whether you're actively searching for a new job or looking to make a career move, understanding these trends will give you the edge you need. Let's dive into the report's key findings and explore practical tips to help you navigate the job market with confidence.
Employment Growth and Market Dynamics:
The report highlights a continued strong employment growth, albeit at a slightly slower pace. While this means job opportunities are still available, especially for those affected by recent redundancies, the competition will likely be more intense. The small decline in net employment intentions, from +44 to +39, signals that while the job market is still expanding, new job creation is beginning to slow.
Tips for Job Seekers:
Redundancy Trends and Stability:
The slight decrease in redundancy intentions (from 25% to 23%) suggests that fewer employers are planning layoffs, offering a degree of stability for those entering the job market. However, it remains essential to stay proactive and ready to seize opportunities as they arise.
Tips for Job Seekers:
Easing Recruitment Difficulties:
With only 30% of organisations reporting recruitment challenges, job seekers may find it a bit easier to land a position compared to previous years. This trend, along with a decrease in unfilled vacancies, indicates that employers are having more success filling roles.
Tips for Job Seekers:
Challenges for Disadvantaged Groups:
A worrying trend is the increase in employers excluding candidates from disadvantaged groups during recruitment, rising from 63% to 69%. This presents a significant barrier for job seekers from these groups. It’s crucial for HR leaders to address this issue by promoting inclusive hiring practices and ensuring their recruitment processes are fair and equitable.
Tips for Job Seekers:
Employee Turnover and Workload Management:
With employee turnover holding steady at 16%—mainly due to high workloads—it’s more important than ever to consider work-life balance and job satisfaction when evaluating potential employers.
Tips for Job Seekers:
Moderate Wage Pressure and Financial Planning:
Wage pressures remain moderate, with an expected 3% increase in pay. While this provides a stable financial outlook, job seekers should manage their expectations carefully and plan for the transition.
Tips for Job Seekers:
Investment in Skills Development:
A positive development is the increased investment in skills development by organisations, offering job seekers opportunities to upskill and boost their employability.
Tips for Job Seekers:
Demand for Overseas Workers:
The demand for overseas workers reflects ongoing skill shortages in the Australian labour market. For local job seekers, this presents an opportunity to focus on developing niche skills that are in high demand.
Tips for Job Seekers:
Conclusion:
The AHRI’s Quarterly Australian Work Outlook provides valuable insights for both job seekers and HR leaders. For those re-entering the workforce after redundancies, understanding these trends can help you navigate the challenges ahead. By focusing on upskilling, addressing workload concerns, and tapping into the right recruitment channels, both employers and job seekers can thrive in this dynamic employment landscape.
Moving forward, we must continue to champion inclusive hiring practices, invest in continuous learning, and remain proactive in the job search. By doing so, we can build a more resilient, adaptable, and diverse workforce prepared for the challenges and opportunities of the future.
For more detailed insights, you can read the full AHRI report here: AHRI Quarterly Australian Work Outlook – March 2025.