Recruitment Market Segment LS
Recruitment Market Segment RS

Market Segment Banner 705x108 Contractor

Thursday, 17 September 2020 05:22

Online job ads down in August for first time since April

By
Online job ads down in August for first time since April Image by Gerd Altmann from Pixabay

Online jobs on the SEEK employment marketplace fell across the nation by 2.0% in August month-on-month, figures released on Thursday show, with the year-on-year drop a much bigger 29.1%. However, the year-on-year difference was the smallest since the beginning of the cornonavirus pandemic.

This is the first month-on-month decline since April, the company said in a statement, adding that the online job ad market was showing three rates of recovery across the country.

Information and communications technology, human resources and recruitment and banking and finance were the three sectors that showed the best rate of job ad growth, the company said in a statement.

Among the states that performed well were Western Australia, New South Wales and South Australia.

SEEK ANZ managing director Kendra Banks said: "We are seeing three distinct rates of recovery emerge across Australia. The first group are the states that have fully rebounded or have job ad rates comparable to pre-COVID levels – this includes Western Australia, South Australia, Tasmania and the Northern Territory.

seek august one

"The second group are the states that are continuing to recover towards pre-COVID levels, which are Queensland, New South Wales and the Australian Capital Territory.

"Unsurprisingly this leaves Victoria as the state which declined significantly for a second month, where stage four restrictions continue to have a major impact on businesses and hiring.

"The national month-on-month decrease of 2.0% is being driven by the existing restrictions in Victoria which are affecting job ad growth. Excluding Victoria, the rest of Australia saw a 1.8% increase in job ad volumes in August when compared to July.

"NSW and Victoria, the two biggest contributors to the nation's economy, are currently the only states below the national average for year-on-year job ad growth."

seek august two

The month by month growth rate of ads picked up speed for South Australia, Western Australia, the Northern Territory and Tasmania, the figures indicated, showing the correlation between coronavirus cases and job ad growth.

Queensland and the Australian Capital Territory showed ad declines for August but it was Victoria, expectedly, that suffered the most, with a drop of 17.6% in August month-on-month.

The top three states contributing to monthly job ads by volume are Western Australia, New South Wales and South Australia.

"New South Wales job ad volumes growth slowed across August, dropping from 6.3% month-on-month growth in July to 1.7% in August," said Banks. "Queensland and the Australian Capital Territory showed a slight decline after both states had strong growth in July.

"Victoria experienced a further decline in job ads in August, as we continue to see the impact of the lockdown on businesses. However, this is less than the drop Victoria had throughout the country's first wave of COVID-19, which indicates businesses are finding new ways to operate and adapt to the situation."

Read 1753 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

SONICWALL 2022 CYBER THREAT REPORT

The past year has seen a meteoric rise in ransomware incidents worldwide.

Over the past 12 months, SonicWall Capture Labs threat researchers have diligently tracked the meteoric rise in cyberattacks, as well as trends and activity across all threat vectors, including:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks and more

These exclusive findings are now available via the 2022 SonicWall Cyber Threat Report, which ensures SMBs, government agencies, enterprises and other organizations have the actionable threat intelligence needed to combat the rising tide of cybercrime.

Click the button below to get the report.

GET REPORT!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments