Olympic Dam flow-on to buoy employment
SOUTH Australia is the only state to record increased employer confidence year-on-year, the latest Hudson Employment Expectations report reveals.
Employer sentiment dropped 2.1 per cent over the quarter to 20.5 per cent, from 22.6 per cent, but remains 1.7 per cent above that at the start of 2011.
Executive general manager Dean Davidson says the Olympic Dam expansion is expected to significantly boost infrastructure spending, which is stimulating confidence.
‘‘ The flow-on employment benefits of this major infrastructure project are expected to be felt across many sectors over the next two to five years,’’ he says.