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Australia – Job advertisement numbers continue to fall

08 July 2013

The number of jobs advertised fell in June 2013 by more than 30,000 compared with a year ago, according to the Australia New Zealand Banking Group (ANZ). In June 2013, 129,720 positions were advertised, equating to a drop of -18.7% year-on-year.

Australian job numbers are still struggling to recover following the global economic crisis. During 2007 - 2008 the number of jobs advertised was in excess of 245,000. This fell to its lowest level in 2009 - 2010, with 137,596 jobs advertised during the period. Following a resurgence in 2010-2011 to 174,668 advertisements, the number of new jobs advertised has been steadily dropping. During 2012 – 2013, the number of new jobs was only 3,000 greater than at its lowest ebb.    

Areas recording the greatest declines are New South Wales, Victoria, Queensland, and Western Australia; regions typically associated with the mining industry. South Australia, Tasmania, the Australian Capital Territory, and the Northern Territory have all noted small upturns recently; however notably downward trends result in relatively small regains.

The average number of jobs advertised each week during June 2013 across Australia was 4,516. Compared with a year ago, this equates to a fall of -34.7%. During 2007 – 2008, the average number of jobs advertised each week across Australia was 19,340. This fell to 5,373 during the period 2012 – 2013.

Weekly average job advertisements in June 2013 were highest in New South Wales with 1,275, nearly double the number of advertisements compared with other regions and territories. The fewest number of jobs advertised each week on the mainland were in the Australian Capital Territory with 317. Overall, Tasmania produced the fewest new job advertisements on average each week during the month of June with 209.

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