New job ads hit two year highs

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on November 03, 2021 Fact Checked
New job ads hit two year highs

New data shows job ads have hit two year highs with retail, tourism, and hospitality venues reopening after months of lockdown.

Data from job platform Seek, shows a 10.2% month-on-month increase in jobs posted in October.

The strong surge follows stimulus measures launched by the NSW and Victorian governments to boost the state’s economic recoveries.

The latest data now shows a 66% increase in job ads year-on-year.

Job ads have risen for the second consecutive month, after decreasing monthly since April. 

Managing Director of Seek, Kendra Banks, said updated COVID-19 roadmaps have sparked the recent surge. 

"The COVID-19 roadmap announcements in New South Wales and Victoria have encouraged businesses to move ahead with rehiring and preparing for the summer holiday period," Ms Banks said.

Seek.PNG

Source: Seek

Jobs by sector

Unsurprisingly, with the reopening of Victoria and NSW, hospitality and tourism ads have jumped 35.5%. 

However, applications per job ad remain down, as Australians appear to be cautious when deciding their next career move. 

"Many hirers are still finding it difficult to recruit. Month-on-month applications per job ad are down slightly by 0.8% nationally and remain significantly below pre-pandemic levels, down by 34.9% when comparing September 2021 to September 2019," Ms Banks said in September.

Recent data shows that many Australians have been impacted by the pandemic, resulting in stepping away from full-time employment or turning to freelance work to get by.

Admin jobs have now risen by 80% in the last year according to the report. 

Job Ads by Industry

Month-on-month
Oct 21 v Sep 21

Year on year
Oct 21 v Oct 20
Trades & Services 7.5% 41.8%
Heathcare & Medical 4.4% 42.0%
Hospitality & Tourism 35.5% 104.8%
Manufacturing, Transport & Logistics 9.4% 65.0%
Information & Communication Technology 3.3% 68.4%
Education & Training 12.3% 62.4%
Retail 6.3% 80.0%
Administration 11.8% 86.2%
Community Support & Development 9.7% 37.5%
Construction 6.2% 62.4%

Source: Seek

Job Ads by State

Job ad by state.PNG

Source: Seek


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Aaron joined Savings.com.au in 2021. He is a finance journalist with a keen interest in property, the share market, and improving financial literacy in young Australians.

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