Jobs and Skills Australia’s November Internet Vacancy Index (IVI) shows that in seasonally adjusted terms, online job advertisements have decreased in the month by 3.4% (or 9,600 job advertisements) to stand at 273,200. While there has been overall growth in recruitment activity over the past twelve months, with job advertisements 5.6% (or 14,400) higher than in November 2021, activity has declined by 10.5% (or 31,900 job advertisements) since the June 2022 peak.
Job advertisements fell across all major occupational groups and skill levels. Professional occupations and skill level 1 occupations (commensurate with Bachelor degree or higher) were the most resilient, decreasing by just 1.2% (or 940 job advertisements) and 1.9% (or 1,900 job advertisements) respectively.
Job advertisements increased in 10 of the 48 detailed occupational groups during November 2022. Legal, Social and Welfare Professionals recorded the largest increase in online advertisements (up by 210 job advertisements or 2.4%), followed by Education Professionals (up by a further 160 job advertisements or 3.5%, after a 17.2% increase in October) and Construction Trades Workers (up by 90 job advertisements or 2.6%).
The largest fall over the month was observed for Sales Workers (down by 6.8% or 1,500 job advertisements, after a 4.6% decrease in October).
The November 2022 Vacancy Report detailed results are now available on Jobs and Skills Australia website.