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


Advertisement

Need somewhere to store cash and earn interest? The table below features savings accounts with some of the highest interest rates on the market.

Provider

4000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
  • No withdrawal notice periods or interest rate penalties
  • Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
Disclosure

Savings Account

  • A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
  • No withdrawal notice periods or interest rate penalties
  • Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
Disclosure
400$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • Special offer: Savings Accelerator (Kick Starter offer).
  • For a limited time, new ING customers can get a bonus 0.70% p.a. on their savings rate on balances of $150,000 up to $500,000 for the first 4 months. T&Cs apply.
  • If your balance is over $500,000 (but less than $5 million) you will earn the ongoing variable rate of 4.7%
Disclosure

Savings Accelerator

  • Special offer: Savings Accelerator (Kick Starter offer).
  • For a limited time, new ING customers can get a bonus 0.70% p.a. on their savings rate on balances of $150,000 up to $500,000 for the first 4 months. T&Cs apply.
  • If your balance is over $500,000 (but less than $5 million) you will earn the ongoing variable rate of 4.7%
Disclosure
000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • Set up your Pay Cycle and connect your accounts from over 140 financial institutions.
  • Retrace your spending steps into categories with Spending Footprint.
  • No monthly or international fees on any of your transactions.
Disclosure

Save Account

  • Set up your Pay Cycle and connect your accounts from over 140 financial institutions.
  • Retrace your spending steps into categories with Spending Footprint.
  • No monthly or international fees on any of your transactions.
Disclosure
010000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • Earn up to 5.20% pa by depositing $1,000 in the previous month
  • No account fees
  • Easy access to your money

AMP Saver Account

  • Earn up to 5.20% pa by depositing $1,000 in the previous month
  • No account fees
  • Easy access to your money
010000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • Deposit at least $1,000+ each month from an external source
  • Make 5 or more eligible transactions. Grow your savings balance each month
Disclosure

Savings Maximiser

  • Deposit at least $1,000+ each month from an external source
  • Make 5 or more eligible transactions. Grow your savings balance each month
Disclosure
Important Information and Comparison Rate Warning

All products with a link to a product provider’s website have a commercial marketing relationship between us and these providers. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored. The link to a product provider’s website will allow you to get more information or apply for the product. By de-selecting “Show online partners only” additional non-commercialised products may be displayed and re-sorted at the top of the table. For more information on how we’ve selected these “Sponsored”, “Featured” and “Promoted” products, the products we compare, how we make money, and other important information about our service, please click here. Rates correct as of December 6, 2024. View disclaimer.

Important Information and Comparison Rate Warning

Image by Free-Photos via Pixabay