Employers are continuing to hire despite job losses in the financial and insurance sectors.

The latest Manpower survey of employers’ hiring intentions for the second quarter of this year shows that hiring intentions in finance, insurance and real estate are down by three percentage points since the first quarter.

The net employment outlook for sector is a seasonally adjusted 13%, meaning employers are still hiring, but not as much as in the first quarter.

Manpower MD Lincoln Crawley says the year-on-year reduction is 16%.

“A movement of three percentage points in a quarter is a significant reduction,” he told insuranceNEWS.com.au.

But he says there is still significant hiring in areas such as auditing, risk management and financial modelling as organisations focus on improving profitability.

Transaction-type jobs are being offshored while firms look for staff with specialist skills.

“There is a mismatch between the talent available and the skills being looked for,” Mr Crawley said.