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Job ads hit 12-year high

  • April 14 2021
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Job ads hit 12-year high

By Cameron Micallef
April 14 2021

Despite unemployment remaining above pre-pandemic levels, the number of businesses looking for staff has reached a 12-year high, a new study has revealed.

Job ads hit 12-year high

Job ads hit 12-year high

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  • April 14 2021
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Despite unemployment remaining above pre-pandemic levels, the number of businesses looking for staff has reached a 12-year high, a new study has revealed.

Job ads hit 12-year high

Stats released by the National Skills Commission show jobs ads rose for the 11th consecutive month, with the number of online job advertisements increasing March to a high of 238,700.

This represents a 96.4 per cent increase in job advertisements since March 2020 when the economy first went into lockdown following the first outbreak of COVID-19.

An increase in advertised jobs follows Australia’s unemployment rate falling from 6.3 to 5.8 per cent over the last quarter, although it remains elevated compared with pre-COVID-19 levels. 

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All states have recorded monthly and yearly growth in the number of employees businesses need. 

South Australia has recorded the strongest yearly growth of job advertisements, of 133.3 per cent, which is an increase of 7,200 job advertisement

Western Australia is seeing a 23.9 per cent increase over the month, a jump of 5,300 job ads. 

Payroll data favouring women

In a separate payroll data figures released by the Australian Bureau of Statistics, payroll jobs rose by 0.8 per cent in the month to 27 March 2021, rising 0.1 per cent in the last fortnight.

Bjorn Jarvis, head of labour statistics at the ABS, noted that payroll jobs held by women continued to show stronger recovery than those held by men.

“In the early weeks of restrictions, women were more impacted by payroll job losses than men. While the recovery in payroll jobs worked by both men and women was similar across much of 2020, the recovery in payroll jobs held by women surpassed that of men by late October,” Mr Jarvis said.

Female-dominated industries, including healthcare and social assistance, had a strong month, with the sector up 3.4 per cent, while the male-dominated construction sector remained 3.5 per cent lower then prior to the pandemic.

Over the month, women saw a 4.7 per cent increase in total wages, while men’s total wages decreased by 0.1 per cent. 

However, according to the Workplace Gender Equality Agency, the current gender pay gap remains at 13.4 per cent.

Job ads hit 12-year high
Job ads hit 12-year high
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About the author

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Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

About the author

author image
Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.

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