Recruitment Market Segment LS
Recruitment Market Segment RS

 600X108px IT Wire

 

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."


Subscribe to ITWIRE UPDATE Newsletter here

GRAND OPENING OF THE ITWIRE SHOP

The much awaited iTWire Shop is now open to our readers.

Visit the iTWire Shop, a leading destination for stylish accessories, gear & gadgets, lifestyle products and everyday portable office essentials, drones, zoom lenses for smartphones, software and online training.

PLUS Big Brands include: Apple, Lenovo, LG, Samsung, Sennheiser and many more.

Products available for any country.

We hope you enjoy and find value in the much anticipated iTWire Shop.

ENTER THE SHOP NOW!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

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