Job vacancies peak in two years



New data shows job vacancies have peaked in two years with the reopening of retail, tourism and hospitality outlets after months of lockdowns.

Data from the job platform Seek shows a 10.2% month-over-month increase in job postings posted in October.

The sharp increase follows stimulus packages launched by the governments of NSW and Victoria to boost the state’s economic recovery.

The latest data now shows a 66% increase in job vacancies year over year.

Job vacancies increased for the second month in a row, after declining monthly since April.

Seek chief executive Kendra Banks said updated COVID-19 roadmaps sparked the recent wave.

“The COVID-19 roadmap announcements in New South Wales and Victoria have encouraged companies to move forward with rehiring and preparing for the summer vacation period,” Ms. Banks said .


Source: Search

Jobs by sector

Unsurprisingly, with the reopening of Victoria and NSW, hotel and tourism ads jumped 35.5%.

However, applications by vacancy remain on the decline as Australians appear to be cautious when deciding their next career move.

“Many recruiters are still struggling to recruit. Monthly applications per job offer are down 0.8% nationally and remain well below pre-pandemic levels, down 34 , 9% compared to September 2021 to September 2019 “, she added. Banks said in September.

Recent data shows that many Australians have been affected by the pandemic, which has forced them to give up their full-time jobs or turn to self-employment to get by.

Administrative jobs have now grown 80% over the past year, according to the report.

Job vacancies by sector

Month after month
21 oct. Versus 21 sept.

From year to year
October 21 vs. October 20
Trades & Services 7.5% 41.8%
Health & Medical 4.4% 42.0%
Hospitality & Tourism 35.5% 104.8%
Manufacturing, transport and logistics 9.4% 65.0%
Information and Communication Technologies 3.3% 68.4%
Education and formation 12.3% 62.4%
Retail 6.3% 80.0%
Administration 11.8% 86.2%
Community support and development 9.7% 37.5%
Construction 6.2% 62.4%

Source: Search

Jobs by State

Job posting by state.PNG

Source: Search


Need a place to store money and earn interest? The table below shows savings accounts with some of the highest interest rates in the market.

Image by Free-Photos via Pixabay

The entire market was not taken into account in the selection of the above products. Instead, a smaller part of the market has been envisioned, which includes the retail products of at least the Big Four banks, the Top 10 customer-owned institutions, and Australia’s largest non-banks:

  • The big four banks are: ANZ, CBA, NAB and Westpac
  • The top 10 institutions owned by clients are the ten largest mutual banks, credit unions and building societies in Australia, ranked by assets under management as of November 2019. They are (in descending order): Great Southern Bank, Newcastle Permanent , Heritage Bank, Peoples’ Choice Credit Union, Teachers Mutual Bank, Greater Bank, IMB Bank, Beyond Bank, Bank Australia and P&N Bank.
  • The largest non-bank lenders are those who (as of 2020) have more than $ 9 billion in loans and advances funded by Australia. These groups are: Resimac, Pepper, Liberty and Firstmac.
  • If you click on a product link and are directed to a product or service provider’s web page, it is highly likely that a commercial relationship exists between that product or service provider and .to

Products from some vendors may not be available in all states.

In the interest of full disclosure,, Performance Drive, and are part of the Firstmac group of companies. Find out more about how manages potential conflicts of interest, as well as how we get paid, please click on the website links.

*The Comparison rate is based on a loan of $ 30,000 over 5 years. Please note: this comparison rate is only true for this example and may not include all fees and charges. Different terms, fees, or other loan amounts may result in a different comparison rate.


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