DEEWR Skilled Vacancies rise

Advertisement

An hour out from February Labour Force figures and I’ve discovered I forgot to post the DEEWR Skilled Vacancy report.

It showed a small rise in seasonally adjusted terms:

Seasonally Adjusted

Monthly Change

  • Increased by 1.9% to 86.0 (Jan 2006 = 100)
  • Increased in all eight occupational groups
  • Strongest rises recorded for Machinery Operators and Drivers (up by 3.6%), and Sales Workers (2.9%)
  • Increased in five states

Annual Change

  • Decreased by 4.9%
  • Increased in three of the eight occupational groups
  • Strongest rise recorded in Community and Personal Service Workers (up by 6.7%) and Machinery Operators and Drivers (1.9%)

Increased in the Northern Territory (up by 19.8%), Queensland (19.5%) and Western Australia (13.2%)

Here’s the chart:

And here’s the sectoral split:

Advertisement

As you can see there is sudden jump in demand for Victorian truck drivers.

There is a little bit of support here for the ANZ Job Ads series, which has dramatically turned around in the new year, but not a lot. The trend is still down.

If anything, this report adds to the confused data around the labour market at the moment.

Advertisement

Full report below.

Vacancy Report February 2012

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.