Latest data from Jobs and Skills Australia’s December Internet Vacancy Index (IVI) show underlying labour market conditions holding steady, with online job advertisements increasing slightly across Australia and in most regions. The number of internet vacancies continue to hold steady at levels both elevated relative to the series as a whole and far above pre-pandemic levels.
In seasonally adjusted terms, at the national level online job advertisements increased in December 2023 (up 0.8% or 2,000 job advertisements) to 261,200. Vacancy numbers were up in five states – Tasmania, New South Wales, South Australia, Western Australia and Queensland.
Over the month to December 2023, increases in vacancies were recorded for some Major Occupation groups, including Community and Personal Service Workers, Machinery Operators and Drivers, and Technicians and Trades Workers. Increases were also recorded for most Skill Level groups.
Internet advertisements in regional Australia decreased over the year (down 5.2%) but in capital cities, vacancies decreased by 12.6%.
Monthly spotlight - Year in review
Internet Vacancy Index results during 2023 typified the unexpected resilience of the Australian labour market following the robust recovery from the COVID-19 downturn. While recruitment activity has declined from the mid-2022 peaks, the persistence of elevated demand is the hallmark result in 2023. In this month’s spotlight, Jobs and Skills Australia are reviewing some of the most popular topics covered in the Vacancy Report over 2023 to provide updated and revised analysis.