Recruitment Market Segment LS
Recruitment Market Segment RS
Thursday, 18 July 2019 08:44

SEEK online job advertisements fell nearly 8% in June

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SEEK online job advertisements fell nearly 8% in June Pixabay

Online job advertising website SEEK says there was a 7.7% year-on-year decline in job advertisements in June, while the average advertised salary rose by 2.7%.

In a statement, the company said five sectors had the highest job growth rates: science and technology; education and training; mining, resources and energy; healthcare and medical; and insurance and superannuation.

As far as salary growth was concerned, the industries that showed the most increase were banking and financial services; advertising, arts and media; retail and consumer products; community services and development; and sport and recreation.

Only the ACT (+5.3%) and Tasmania (+0.9%) showed an increase in job ad volume.

Victoria led the salary growth (+3.2%), followed by NSW (+3.0%).

seek job ads

SEEK ANZ managing director Kendra Banks said: "As we know, June is the last month of the financial year and tends to be a quieter month for job ad volume. We have seen a continued decline of job ad growth this month extending the trend of 2019.

"However, the first few months of a new financial year - with businesses setting new priorities and budgets being refreshed - normally form the busiest months for recruitment in the whole year.

"It will be interesting to see how this plays out in the next few months, where I believe we will get a clearer picture of the current employment market."

On the salary increases, Banks said: "There has been a slight fall in salary growth in the final quarter of FY19. The peak came in April at 4.1% and 3.4% in May."

Graphic: courtesy SEEK

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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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