The Australian Bureau of Statistics (ABS) yesterday released quarterly employment data to November 2020, which revealed that 248,800 jobs were regained over the quarter, with Professional, Scientific & Technical Services (80,200) leading the charge, followed by Administration (53,300), Accommodation & Food Services (+45,800), and Transport, Postal & Warehousing (+35,600):
However, in the year to November 2020, 79,200 jobs were lost, still dominated by Accommodation & Food Services (-93,600), followed by Manufacturing (-78,000) and Other (-33,900):
Finally, the next chart plots the change in jobs since the Global Financial Crisis (GFC) hit in August 2008. Over this period, 2,112,500 jobs have been created, driven by Health Care & Social Assistance (+660,900), Professional, Scientific & Technical Services (+422,100), and Education (+278,500), with Manufacturing losing the most jobs (-193,800):
