Latest data from Jobs and Skills Australia’s (JSA) May Internet Vacancy Index (IVI) shows underlying labour market conditions eased with online job advertisements decreasing at the national level and across most regions. Vacancy numbers, though, remain at relatively high levels historically.
In seasonally adjusted terms, online job advertisements at the national level decreased in May 2023 (down 2.9% or 8,300 job advertisements) to stand at 282,300, following an increase of 3.1% in April 2023.
Over the month to May 2023, job advertisements decreased across all Skill Level groups and vacancy numbers were down in the six states.
Job advertisements grew 6.6% in regional areas over the year and decreased by 7.3% in capital cities.
The monthly IVI report now includes spotlights on key facets of the Australian labour market. These spotlights will bring together the wider breadth of data produced by JSA and our external stakeholders to provide an overarching labour market summary of a particular occupation/industry. The first spotlight focuses on Health Professionals and Education Professionals.
From May 2023, Jobs and Skills Australia will no longer be releasing a preliminary report and a detailed report but be releasing one IVI update each month.
If you have any queries, please contact JSA-Nowcasting@jobsandskills.gov.au.
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