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New job ad figures released today from Australian job board, Seek, show that the number of job ads rose marginally in March by +0.3%. Despite a surprising increase in unemployment last month, the recruiter said that this points to a continuation of a stable job environment, particularly across New South Wales and Victoria.
The research also shows that job applications increased +3.1% with jobseekers responding to the stimulated employment market and actively applying for new opportunities, the staffing company said.
“Victoria and New South Wales are presenting positive job ad growth this month,” said Seek managing director, Joe Powell. “It shows resilience in other industries that, perhaps, have been overlooked through the mining boom. In New South Wales, new job ads steadily increased by 2.0% in March and by 4.3% in the last four months since November 2012.”
Viewed from a longer term perspective, the stabilisation in job ad numbers is most evident across the most populous states. Job ads fell marginally in South Australia and Queensland both down 0.4%, while Western Australia experienced a stronger decline.
“Western Australia is the epicentre of Australia's resources boom. Demand for labour has decreased as a result of fewer new projects. We're not, therefore, completely surprised to see that job ads have declined in this state,” said Mr Powell.
“Overall, the Australian employment market is showing signs of resilience particularly along the eastern seaboard and we are seeing encouraging signs of activity in industries including IT, Construction and Healthcare,” he said.