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  Hudson Report: Confidence continues to rise

  08/04/2010 by Ian Lenehan

  The following text all courtesy of Hudson.

  The Hudson Report: Employment Expectations was released today. Our findings show that there is a further increase in sentiment for the fourth consecutive quarter. Sentiment is now at its highest level in almost two years. Up 2.4 percentage points (pp) Australian employer confidence now stands at a net effect of 31.5 per cent of employers reporting plans to increase their permanent staff levels during the April - June 2010 period.

  The direction of sentiment is mixed across industries with some industries reporting an increase and some reporting a decrease from last quarter, however all industries are reporting levels of sentiment well above those seen during 2009. The resources industry reported the strongest increase in sentiment with confidence up to 49.1% of employers intending to increase their permanent staff levels in the April - June 2010 period.

  The overall result is being driven by a very strong, continuing shift towards intentions to increase headcount as well as a continuing strong shift away from plans to decrease headcount. These shifts have been in play continuously for four consecutive quarters.

  For full details, click here to download The Hudson Report: Employment Expectations.

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