Latest data from Jobs and Skills Australia’s September Internet Vacancy Index (IVI) shows underlying labour market conditions easing with online job advertisements decreasing nationally, and across most 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 September 2023 (down 2.0% or 5,600 job advertisements) to 272,900.
Over the month to September 2023, decreases in vacancies for most Major Occupation and all Skill Level groups were recorded and vacancy numbers were up marginally in two states (Tasmania and South Australia).
Internet advertisements in regional Australia decreased over the year (down 1.9%). In capital cities, vacancies decreased by 10.2%.
Demand for entry-level occupations remains relatively high compared to pre-pandemic levels. This suggests young people seeking to take their initial steps into the labour market may find employers more receptive to workers with limited experience or qualifications. While this trend was evident through the COVID-19 recovery period, more recent data suggests fewer young people are finding employment in occupations traditionally considered to be entry level.
For more insights, download the September report.
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For direct queries, email us at JSA-Nowcasting@jobsandskills.gov.au