As the world economy sputters, inflation rates rise, jobs are being shed particularly in areas such as construction, finance and retail. The media has put out several reports discussing unemployment and job cuts.

Whilst this may be a worrying trend, there are some signs of a ‘wait and approach'. Employers aren't unnecessarily shedding jobs and panicking amongst global economic reform. They're taking a step back and evaluating the changes. This indicates a sensible outlook and employers don't seem to be pre-empting a turn for the worse.

So the news isn't all bad. In fact, there are many positives you can take from this. The most positive thing is that companies don't appear to be rushing into hasty decisions. Whilst some industries are hard hit (construction), other markets are standing firm meaning that jobs should be safe for the time being. Let's hope it stays this way at least.

Here are some recent to be released today that tell a painted picture:

Wait and see in New Zealand - report by Mitchell Hall and Employers and Manufacturers Association

Number of employed grows in Australia says Australian Bureau of Statistics

Unemployment steadies but employment rate falls in US - US Bureau of Labor Statistics

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