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Thursday, 20 February 2020 09:27

Online job ads fell for two months running, SEEK figures show

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Online job ads fell for two months running, SEEK figures show Image by mohamed Hassan from Pixabay

Online job advertisements portal SEEK has seen a fall in ad volume of 6.5% year-on-year in January, and 6.4% year-on-year for December 2019.

The company said in a statement that though year-on-year volumes were down, the growth from December to January was positive at 1.6%.

The community services and development sector showed the mmost growth for both December and January, up 16.8% and 15.7% respectively year-on-year.

The company said the average advertised salary was up, but only marginally, by 1.7%, with the average working out to $88,746 nationally.

Ad volumes grew by 9.5% in the ACT, by 5.7% in Western Australian and by 0.7% in South Australia.

SEEK managing director Kendra Banks said: "January marked the second consecutive month of positive month on month job ad growth at 1.6%, backing up the 0.2% rise in December.

job growth jan20

"However, after Australia’s devastating bushfire season, and the uncertainty surrounding [the] novel coronavirus, we expect short-term growth to remain challenging as sectors such as hospitality and tourism, agriculture, forestry and fishing, retail and the higher education sector remain exposed."

Banks added that while the January 2020 data showed a drop for housing-related sectors like construction, trades & services, real estate and property, the company would keep a close watch "to see if this is the bottom of the downward trend, as we have seen signs of hiring activity stabilising in our data".

"This prediction coincides with the Australian Bureau of Statistics latest building approvals, which were up 2.7% year on year to December 2019," she said.

"There may be further support to underpin residential hiring activity as reconstruction efforts commence in Australia’s bushfire affected regions, and communities begin rebuilding over the course of the year."

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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.

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