SEEK job ads continue to increase as economy reboots

It appears job advertisements are continuing to climb, after a sharp drop off in April due to coronavirus.

SEEK’s latest data shows that new job ads posted on their website during the fortnight ended May 24 are up 39.7 percent compared to April.

That’s a further 26.8 percent uplift in the previous two weeks, with all states showing increases as the economy gets going again.

The biggest contributors to job ad growth are Trades and Services, Hospitality and Tourism, Healthcare and Medical, Administration and Office Support and Education and Training.

Queensland has shown the second highest growth in job ad volume in the last two weeks at 55.4 percent, behind Tasmania at 58.8 percent.

The Managing Director of SEEK ANZ Kendra Banks says it’s all good signs.

“In the fortnight ended 24 May we saw an increase in job advertising of 39.7% compared to the average of the month of April.

“This is a further uplift from 26.8% in the previous two weeks. We also saw some positive signs of activity from the larger hiring sectors, namely Consumer Services and Professional Services, which accounted for 19% and 23% respectively of new job ads by sector in the last fortnight.

“Although it was another week of positive trends, it is still important to remember that we still have a long way to go before we return to pre-COVID levels.

“Our job ad volume data continued to show promising signs throughout the week, with all states and territories showing further growth in the fortnight ended 24 May.

“As social restrictions continue to ease, we expect to see more opportunities open up for jobseekers as businesses and hirers look to get their operations back up and running.

“Tasmania, Queensland and South Australia are showing the biggest growth in job ad volume in the last two weeks,” Ms Banks said.