Page 7 - Geelong business trends 2017_digital_Neat

Employment expectations
A lower proportion of Geelong Do you expect the number of employees
businesses expect to increase in your business to increase or decrease
employee numbers in the next
12 months with 37% this year over the next 12 months?
compared to 46% in 2016.
The proportion of businesses
indicating the number of
employees will remain similar 39% 35% 46% 37% Increase
in the next 12 months has risen
this year (48%) compared to
2016 (42%). The proportion No change
of businesses expecting to
decrease employee numbers has 47% 53% 42% 48% Decrease
remained consistent over the 4
years. Overall, the expectation 5%
of increasing employee 6% 4% 6% Unsure
numbers has fallen significantly, 2014 2015 2016 2017
indicating reduced confidence in
employment prospects.

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