Fall in online job ads - We are in Recession

I don't understand why pollies are wasting crucial time in debating whether we are in recession or not. You don't have to be genius to figure out that we are already in recession and we have been in recession for past 6 months.

What we are seeing now is fall out of recession. The recent media coverage about drop in online job ads is one such fall out. The Oliver job index which claims to record the number of jobs advertised online states that there have been big falls in advertisement numbers for jobs in the trades, services, transport, engineering, building and construction sectors.

I'm not an expert like Oliver Group but I've been checking online jobs for past 6 months in retail sector in which I've considerable experience and I can tell you that the situation there is pretty bad. We all know that Retail employs most Australians and it also happens to be one of the low income sectors.

Now do your own calculations. We are in a situation where the lowest paid are loosing jobs and the number of new jobs that are coming up are far less then what it use to be.

I clearly remember Mid 2007 when I was looking to recruit people and it was bloody hard as there were so many opportunities that employees were hopping from one job to another because they were not scared. They knew that even if they leave one job they can find the next easily. I also clearly remember that seek.com.au which is considered one of the biggest online job search website had its profit and share prices up.

But look what is happening now? You don't have to believe in what I'm saying. Just search seek or mycareer or whatever else you use and you will know what I'm talking about.

Sign a simple online petition

I urge everyone to spare 2 minutes to sign this important petition. If we don't do anything now then it's only time before everything will be lost. Our future is at stake, Sign the petition and bring the change. There is no point in just thinking about it..it's time to do something.

http://www.gopetition.com.au/online/25902.html

*Reduce Business Tax from 30% to 20%
*Give Relief to small Business so they can maintain their cash flow
*Government grants should be increased for small business
*More jobs should be created to fight increasing unemployment

Pacific Brand cuts 1800 and Lend Lease 1700 Jobs :(

Property developer Lend Lease is cutting 2,000 jobs globally over the next six months, with about 400 of those in Australia.

The company has reported a net first-half loss of almost $600 million after writing down the value of its assets.

Lend Lease chief executive Steve McCann says the company needs to shed jobs.

"Our total work force of over 12,000 people is expected to reduce to just under 10,000, as we right-size for current market conditions," he said.

Full Article from Source @ ABC

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Aussie Businesses are becoming less competitive and with recession this problem has worsened. Its no surprise that Businesses are shutting down and scaling down operations. Unless Government takes some important action inclduing a reduction in Business Tax from 30% to between 20% to 25% these bad news will keep coming.

Australia in Recession : Unemployment increasing

The lastest ANZ jobs advertisement data shows that jobs advertisement fell by 6.3% in January which obviously points to less jobs available in the market for companies to advertise. You dont have to be an economist to understand that if fewer new jobs are being created then obviously it will hit some people and the unemployment will rise which is exactly what is happening.

I remember in early 2007, when all was good I was in-charge of a small company's marketing activities in Sydney and it was bloody hard to find new staff as the websites were full of new jobs and jobseekers had so many opportunities to consider but now it is impossible to find one decent job let alone have a choice?

Reduce Business Tax in Australia

Australia is going through worst crisis ever. Businesses are closing down, families are loosing their houses, students can’t find jobs and government has already reached deficit.

In every developed country, it is the businesses that play leading role in Nation building but unfortunately in Australia businesses have been sidelined by imposition of high taxes.When a Business is made to pay high tax it invariably passes onto consumers so in the end it is people like us who end up paying that Amount.We in this group call on all Political Parties, Consumer groups, Businesses Associations, Media networks and common everyday Australians to join hands and demand that Business Taxes should be reduced to save Australian economy from collapsing.