Australia’s job market saw a 2.8% decrease in online job advertisements last month (seasonally adjusted). Job ads decreased across all Major Occupation groups, with Managers seeing the strongest decrease. Decreases were also recorded across all skill levels, and states and territories.
While job ads remain elevated historically, job advertisement numbers dropped by 12.7% over the year. The decrease was stronger in capital cities than regional Australia.
In the boom’s wake: normalising labour demand and the rise of multiple job holding
This month, we consider IVI results in the context of changes to other economic conditions. While job advertisement numbers continue at elevated levels, the rate of labour demand is closer to historically typical levels when normalised against persistent employment growth.
Australia’s post-pandemic labour market has been marked by strong but shifting demand for workers, with notable trends like increased multiple job holding and sector-specific volatility. While overall job advertisement numbers remain elevated compared to pre-COVID levels, changes have been uneven across occupations.
The rise over recent years in multiple job holding - especially in the care sector with around 1 in 10 Community and Personal Service Workers holding multiple jobs - reflect economic pressures and structural changes in work, raising questions about long-term impacts on workers and the labour market.
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For direct queries email us at JSA-Nowcasting@jobsandskills.gov.au
