Latest data from Jobs and Skills Australia’s August Internet Vacancy Index (IVI) shows underlying labour market conditions held steady with online job advertisements decreasing slightly nationally, and across some regions. The number of internet vacancies remains at relatively high levels historically.
In seasonally adjusted terms, online job advertisements at the national level decreased in August 2023 (down by 0.4% or 1,300 job advertisements) to 282,400.
Over the month to August 2023, mixed results for Major Occupation and Skill Level groups were recorded and vacancy numbers were up in four states and territories (New South Wales, Victoria, Northern Territory and the Australian Capital Territory).
Internet advertisements in regional Australia decreased slightly over the year (down by 0.3%). In capital cities, vacancies decreased by 10.4%.
After a decade of relatively stable demand, online job advertisements for Retail Managers reached and sustained a level far above their historical norm and distinct from other large employing occupations in the Retail Trade industry. The report considers whether the shift is a manifestation of structural changes in the industry.
For more insights, download the August report.
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For direct queries, email us at JSA-Nowcasting@jobsandskills.gov.au.
September 13, 2023
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