Job Market Steady Overall, With Wa Leading Growth

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March 8th, 2012

JOB MARKET STEADY OVERALL, WITH WA LEADING GROWTH


The Australian job market remains steady, with a slight decrease of 0.4% in the number of new jobs advertised this month, WA again grew, up 2.5% on last month and 22.6% higher than a year ago, to lead the nation in job growth. Nationally, the SEEK Employment Index experienced a minor adjustment (-0.5%) compared to January, making it slightly easier for employers to fill roles

Fast moving jobs over the past three months include Retail Managers up 45% since November, Medical Administrators up 40%, and Workplace Trainers up 39%
The latest figures from SEEK, released today, show that the Australian job market continues to hold steady at a national level, with some minor differences seen among the different states.
Western Australia had the highest rate of growth of new jobs in February, up 2.5% on last month. Looking back over the past 12 months, Western Australia has seen a 22.6% increase in the number of new job ads posted on SEEK, with Queensland up by 10.3%.
Nationally, the number of new job ads posted adjusted slightly over the past month (-0.4%).

SEEK Executive Helen Souness said "It is clear that the past 12 months has been one of significant investment for the mining sector, and that is reflected in the sector's demand for employees in Western Australia and Queensland."

"The Australian economy remains subject to conflicting forces, however it is refreshing to see that from a national perspective new job ads posted with SEEK over the past year have mostly held steady. This is a sign that the market is still quite robust in spite of economic pressures from an uncertain European economy."

The SEEK Employment Index (SEI) declined slightly in February (-0.5%), which shows that employers are finding it marginally easier to fill roles.
The tightening of the SEI in some states was impacted upon by the slight reduction in the number of new job ads posted with seek.com.au in the South-East, New South Wales (-0.4%), South Australia (-1.8%), Victoria (-2.3%).
The retail sector featured heavily in the quarterly analysis of the fastest moving jobs on seek.com.au, Retail Managers up 45%, Medical Administrators growing by 40% and Workplace Trainers up 39%.


Top five fast moving jobs (December 2011 - February 2012 compared to 2010/2011)

Retail Managers up 45% Medical Administrators up 40% Workplace Training and Assessors up 39% Mine Surveyors up 38%
Healthcare and Medical Sales Reps up 33%
SEEK New Job Ad Index

New Job ads registered with SEEK recorded a slight decrease month on month in February 2012 of
0.4% nationally. Over the past 12 months the change in new job ads experienced a similar softening
(-0.4%).
At a state level, Western Australia recorded an increase in new job ads of 2.5% in the past month
(22.5% in the past year), ACT increased by 1.1%, Queensland retracted marginally (-0.1%), New
South Wales (-0.4%), Tasmania (-1%), South Australia (-1.8%), Victoria (-2.3%) and Northern Territory
(-5.2%).

The Australian economy remains subject to conflicting forces, however it is refreshing to see that from a national perspective new job ads posted with SEEK over the past year have mostly held steady. This is a sign that the market is still quite robust in spite of economic pressures from an uncertain European economy.