The Department of Education, Employment and Workplace Relations (DEEWR) has released its Internet Job Vacancies Index for the month of May, which registered a 0.2% seasonally adjusted increase in the number of job vacancies, but a 0.5% monthly decline in trend terms. In the year to May 2013, internet job vacancies have fallen by 22.8% in seasonally adjusted terms and by 22.0% in trend terms (see next table).
As shown by the next chart, the trend in job ads is clearly down, with the number of ads currently well below GFC lows:
Looking at the internals, you can see that job ads have fallen over the past year across all employment categories and across all states and territories (see next table).
Clearly, Australian labour market conditions remain fragile. Full report below.
DEEWR Jobs Vacancy Report (June 2013)
