Callam Pickering, economist at global jobs site Indeed, has updated job postings data to 17 September 2021, which shows that job postings have rebounded:
At 48.6% above their level on February 1 last year they are just 1.9% below their peak.
There are 898 words left in this subscriber-only article.
Get your first month for $1
Despite lockdown, the Australian economy is still creating a lot of job opportunities and that is surely a good sign for the recovery.
NSW accounted for around half the increase in postings over the past week in anticipation of lockdowns being lifted. WA is also booming with postings 80% above pre-pandemic levels:
A separate survey from Indeed also shows that 11.2% of respondents (sample of 3,500 people) were searching actively and urgently for a new job in August, up from 9% in July:
According to Callam Pickering, COVID fears are one of the biggest impediments to job search among the jobless. Almost 25% of non-urgent jobless respondents said that COVID fears was their biggest reason for not searching urgently for work, with finances also important:
The above gives hope that the labour market will respond swiftly once current lockdowns are lifted.