Employment Trends Report: Healthcare & Medical - Australia's largest, fastest-growing industry
Employment Trends Report: Healthcare & Medical - Australia's largest, fastest-growing industry
The Healthcare & Medical industry is Australia's largest, fastest-growing industry. Its scale and growth are underpinned by significant drivers, including the introduction of the National Disability Insurance Scheme (NDIS) plus our nation’s ageing population. COVID-19 has also placed greater attention – and pressure – on the industry since the pandemic’s outbreak in Australia in early 2020.
The Healthcare & Medical industry employs 14% of the working population – that’s 1.7 million Australians – which means its job ad data can paint a telling picture of national workforce trends.
This report, created exclusively for those hiring in the Healthcare & Medical industry, offers a deeper look at trends shaping the healthcare labour market and forces that could impact recruitment strategies.
SEEK’s National Healthcare Sales Manager, James Duncan, says SEEK has been collecting and observing data on the hiring activities of more than one million small, medium and large businesses for more than two decades.
“We are lucky at SEEK to benefit from the largest set of employment data in ANZ, which enables us to observe the majority of hiring businesses and candidates out there. No other lead indicators have the track record of the SEEK Index when it comes to foreshadowing major shifts in the national unemployment figures,”
Duncan says. “Having over 20 years of Australian employment data puts SEEK in a unique position to provide valuable insights to those who are hiring. We can see that coupling historical trends with real-time job market movements allows SEEK to make educated predictions on where the market is heading next. For example, among the data inputs we analyse are small business trends. When small businesses are hiring, it’s a sign business confidence is high. Bringing in someone new is a big investment for small businesses, so when we start to see this trend up, it helps us to gauge sentiment in the market.”
This report breaks down the employment data specific to those working in the Healthcare & Medical industry and looks at the trends across five key areas as shown in Table 1 below.
.png)
This report is designed to inform hirers by providing insight into the candidate market. It allows them to identify emerging candidate trends across states and territories. The report also sheds light on the impact of the COVID-19 pandemic on the Healthcare & Medical industry. Finally, it offers a snapshot of the industry’s outlook and outlines the key tools and insights for you to make use of in the months ahead.
