According to Seek, job figures around the nation have taken a serious hit, with the majority of industries down in all states.
According to the employment website Seek, the amount of jobs advertised on their site has dropped in 2019, and is probably the best indicator that the slow employment growth the country is currently wading through is set to continue.
Seek estimates that a third of all the job ads in the country end up on their website. In conversation with The ABC, Seek’s managing director for Australia and New Zealand, Kendra Banks, said the fall was coming off the back of a banner year for job ads in 2018.
“While May job ad volumes are still down from 2018, it is important to note that 2018 was somewhat of an anomaly, with the highest in the past decade…if we compare May 2019 to May 2017, we can see that this month had 3.0 per cent more jobs advertised, ” she said.
According to Seek’s data, those propping us up are education, health care, farming and conservation and mining and energy industry sectors. The ABC believes that the dip in finance, construction and retail may have been authored by the banking royal commission and the dip in house values.
With that being said, 22 out of 28 industry sectors reported a fall in advertised vacancies. With the Morrison government expected to release their job figures shortly, a ‘please explain’ is certainly in order.