Retail Shows Stability, Despite Downturn

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24th June 2009, 05:51pm - Views: 1199





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FOR IMMEDIATE RELEASE

Retail shows stability, despite downturn

Service Skills Australia, the industry skills council for the service industries, has welcomed data

from the Australian Bureau of Statistics that shows positive development in the accommodation

and food services, and retail sectors. 

The quarterly labour force data for May 2009 (ABS 6291.0.55.003) shows employment in these

sectors have recovered in the last few months. Employment in accommodation and food services

has increased to 721 200 from 702 500 in the previous quarter. The last peak was in the August

2008 quarter with 716 400.  

Even though employment in the retail sector can not yet reach the levels from late 2007/ early

2008, the figures have shown continuous improvement since the August 2008 quarter. 

The Treasurer’s Economic Note of 22 June 2009 stated “… there are now 15,250 more

Australians employed in the retail sector than in November last year. This is a good result in

tough circumstances, for a sector that employs so many Australians”.

The Treasurer’s note also indicated that this trend contrasts with significant falls in retail

employment elsewhere in the world. Since November last year, the US has lost 308,000 retail

jobs, Canada has lost 37,000 retail jobs, the UK has lost 32,000 retail jobs, and NZ has lost

31,000 retail jobs

CEO of Service Skills Australia, Jeanette Allen said, “Skills shortages will continue long after the

recession is over, these latest figures highlight the need for governments and businesses need to

plan for the long term”.

“Employers need to continue to invest in the skills development of their staff. Customer service is

a pivotal skill in the service industry, as customer service provided by knowledgeable staff is one

of the major contributors to keep existing customers loyal and attract new ones, hence assuring

the success of a business”.






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