Job Advertisements Stable For June

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July 11th, 2012

JOB ADS STABLE IN JUNE

June figures show a stable market at a national level New job ads rise by 0.1% SEEK Employment Index (SEI) up 1.0% reflecting a tightening of the market Job ad growth greatest in South Australia (up 4.5%) and Victoria (up 2.1%)
The latest job figures from SEEK reflect a stable Australian market in June with the number of new job ads rising slightly, up 0.1%.

Last month there was notable growth in South Australia (4.5%) and Victoria (2.1%) coupled with minor decreases in job ad numbers in the mining markets of Queensland (-1.2%) and Western Australia (-2.2%).
New job ads are 5.3% lower than the same time last year, though in the first half of 2012 the market flatten with only very minor fluctuations in new job ad numbers at a national level.

At a state level, state level fluctuations have been a little more pronounced. Despite drops in these states last month WA and Queensland are generally outperforming NSW and Victoria.

The eastern states experienced a slow start to the year with a gradual softening in new job ads since January. While it's good to see a strengthening in these states over the past month, we acknowledge that the market in general indicates a softening trend.

Job applications for the month of June have dropped marginally, down 0.9%, following a rise in applications in May while the SEEK Employment Index rose 1.0%, following a series of declines from March 2012.

The rise in new job ads on SEEK compared to the decline in applications for those jobs has contributed to a tightening of the labour market with supply marginally outstripping demand.
The nursing sector is leading the way in this quarter's fastest moving jobs, with roles for Midwives and Neonatal Nurses on the rise by over 50% this quarter.

However, the fast moving jobs have not been limited to nursing roles. The past three months have brought about a real mix in demand for people across a range of sectors, with good increases in roles in the banking, teaching and legal fields. said.

Fastest moving jobs, quarterly comparison Mar - Jun 2012

  • Midwives and Neonatal Nurses up 54.5%
  • Business Bankers up 52.5%
  • Oil and Gas Geoscientists up 40.7%
  • Early Childhood Teachers up 25.5%

SEEK New Job Ad Index
New Job ads posted with SEEK rose 0.1% in June.
The state by state breakdown, saw South Australia up 4.5%, with Victoria (2.1%), and the ACT (0.8%) also strong. New South Wales showed no change for the month, with Western Australia (-2.2%) and Queensland (-1.2%) marginally softer.
SEEK Employment Index (SEI)
The SEEK Employment Index, the ratio of new job ads placed with SEEK during the month to the number of applications for those jobs, rose 1% nationally.
The SEI rose in most states, South Australia up 7.2%, ACT up 4.3%, New South Wales up 2.2% and Victoria up 1.8%.
The labour market softening slightly in Queensland (-0.4%) and Western Australia (-2.7%).

Job Applications
New job applications were down 0.9%, nationally.
At a state level, job applications were up in Victoria (0.4%) and Western Australia (0.5%).
Applications were down slightly in South Australia (-2.6%), New South Wales (-2.2%) and Queensland (-0.8%).