September employment report - SEEK job ads down by 7.4%

Overview of September 2019:

STATE OF THE NATION:

  • SEEK job ads are down by 7.4% y/y
  • Average advertised salary is up by 2.5% y/y (average national salary is $88,652)
  • Sectors with the highest job ad growth y/y include: Community Services & Development (18.5%), Farming, Animals & Conservation (13.4%), Education & Training (7.8%), Healthcare & Medical (7.4%), Government & Defence (6.8%)
  • Industries with greatest salary growth include: Education & Training (4.4%), Banking & Financial Services (4.2%), Manufacturing, Transport & Logistics (4%) and Sport & Recreation (3.7%).

STATE OF THE STATES:

  • Job ad volumes are growing in the following states: ACT (9.5%), WA (1.6%) and TAS (1.4%) (y/y to Sept 2019)
  • All states are showing an increase in salary with TAS (6.2%) leading the way, followed by NT (3.5%), QLD (3.3%), SA (3.2%), VIC (2.9%) and NSW (2.2%).

STATE OF THE NATION

The latest SEEK Employment Report shows a decline of 7.4% in jobs advertised (y/y to September, 2019).

Community Services & Development (18.5%) lead as the sector with the highest job ad growth for September, 2019 (vs. Sept 2018), followed by Farming, Animals & Conservation (13.4%), Education & Training (7.8%) and Healthcare & Medical (7.4%).

Kendra Banks, Managing Director, SEEK ANZ comments:

“We are seeing a slight improvement in the market with the rate of job ad decline moderating, with September at -7.4% compared to August, which was -8.6%.

Month to month we continue to see growth come from the large employing sectors of Community Services and Development which has seen a jump from 13% y/y in August to 18.5% in September. Over the same period Healthcare & Medical jumped from 4.6% to 7.4%.

The employment demand across a wide range of roles within social services, particularly children and aged care support is a common theme. Specific roles include Aged & Disability Support, Childcare and Secondary teaching and Aged Care Nurses.”

STATE OF THE NATION: SALARY

The average advertised salary across Australia is $88,652 which is up 2.5% compared to last year (Sept, 2019). The states with the highest average salaries are WA at $90,930 and NSW at $90,422. In WA, the Mining, Resources & Energy sectors and Engineering sectors contribute to this higher average. NSW tells a similar story, with Mining, Resources & Energy and Construction contributing to the average.

 

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MEDIA NOTE: When reporting SEEK data, we request that you attribute SEEK as the source.