ROOT
Job ads rise for the first time since April
Hospitality and tourism job ads have jumped in the past month.
Job ads rise for the first time since April
Seek has reported a 6 per cent increase in job ads nationally during the month of September, the first rise in five months.
National job ad volumes were 24.7 per cent higher than they were in September 2019 and 56.7 per cent higher than September 2020, according to Seek.
“The COVID-19 roadmap announcements in New South Wales and Victoria have encouraged businesses to move ahead with rehiring and preparing for the summer holiday period,” said Kendra Banks, MD at Seek ANZ.
NSW recorded the highest monthly growth among the states with an increase of 20.6 per cent, including a 130 per cent increase in hospitality and tourism job ads.
“Factors contributing to this growth include replacing roles which were lost, preparing for the end of restrictions, and getting ready for the summer holiday period,” Ms Banks said.
Victoria was the only state to record a monthly drop in ads during September with a fall of 2.6 per cent.
“We would expect to see Victoria follow New South Wales with growth in job ad volumes following the announced easing of restrictions in October. Despite dropping slightly last month, Victoria is still showing over 10 per cent more ads than two years ago,” said Ms Banks.
Compared to September 2019, Tasmania has recorded a 76.1 per cent increase in job ads, leading South Australia (68.0 per cent), the Northern Territory (61.5 per cent), Western Australia (59.2 per cent) and Queensland (44.8 per cent).
NSW and Victoria lag behind with rises of 9.6 per cent and 10.8 per cent, respectively, while ads in the ACT were down by 6.7 per cent.
Ms Banks pointed out that the number of applications received per ad remained low.
“Month-on-month applications per job ad are down slightly by 0.8 of a percentage point nationally and remain significantly below pre-pandemic levels, down by 34.9 per cent when comparing September 2021 to September 2019,” she said.
“Australians continue to be cautious when considering their next career move.”
Forty per cent of workers in a recent survey indicated they are planning to look for a new role in the next six months, with 15 per cent already on the hunt. Eighty-two per cent of businesses have also reported longer hiring times.
Earn
Best property investment strategies in Australia for 2024: An expert's perspective
As the Australian property market continues to evolve, investors are keenly looking for strategies that will yield the best returns in 2024. Read more
Earn
Innovative tax saving techniques for individuals and families
Tax time can be daunting for many Australians, but with some innovative planning and smart strategies, individuals and families can maximise their tax savings. Read more
Earn
Top firm says five factors are fuelling the Great Resignation
According to PwC, the Great Resignation is showing no signs of slowing down. Read more
Earn
Most voters believe JobSeeker rate should be lifted
Nearly half of Aussies said they would likely vote for a candidate who promised to lift the JobSeeker payment above the poverty line. Read more
Earn
Should Australia’s minimum wage be lifted?
With the cost of living being a central focus of this election campaign, both major parties are in disagreement over wage increases. Read more
Earn
New research claims over 300,000 Australian households have 'no financial safety net'
New research has been released. Read more
Earn
Are property investors pushing prices higher?
The average price for investment properties was found to be nearly $170,000 below the mean national property price. Read more
Earn
Almost a quarter of full-time workers are considering leaving their current job
Younger workers are the most likely to be thinking about quitting. Read more
Earn
Best property investment strategies in Australia for 2024: An expert's perspective
As the Australian property market continues to evolve, investors are keenly looking for strategies that will yield the best returns in 2024. Read more
Earn
Innovative tax saving techniques for individuals and families
Tax time can be daunting for many Australians, but with some innovative planning and smart strategies, individuals and families can maximise their tax savings. Read more
Earn
Top firm says five factors are fuelling the Great Resignation
According to PwC, the Great Resignation is showing no signs of slowing down. Read more
Earn
Most voters believe JobSeeker rate should be lifted
Nearly half of Aussies said they would likely vote for a candidate who promised to lift the JobSeeker payment above the poverty line. Read more
Earn
Should Australia’s minimum wage be lifted?
With the cost of living being a central focus of this election campaign, both major parties are in disagreement over wage increases. Read more
Earn
New research claims over 300,000 Australian households have 'no financial safety net'
New research has been released. Read more
Earn
Are property investors pushing prices higher?
The average price for investment properties was found to be nearly $170,000 below the mean national property price. Read more
Earn
Almost a quarter of full-time workers are considering leaving their current job
Younger workers are the most likely to be thinking about quitting. Read more