JOB VACANCIES – AUSTRALIA

Employment surge turns up heat on rates

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Original article by Tom Dusevic
The Australian – Page: 4 : 6-Jul-21

Further indications that the Australian economy is continuing to strengthen may prompt the Reserve Bank to increase the cash rate earlier than expected. There was three per cent growth in job advertisements during June, according to data from the ANZ Bank, and the number of job ads is now 39.1 per cent higher than pre-pandemic levels. Meanwhile, revised data from the Australian Bureau of Statistics shows that retail spending increased by 0.4 per cent in May and 7.7 per cent over the year to May. The COVID-19 lockdown in Greater Sydney is tipped to hit retail sales for June, although economists expect any impact to be short-lived.

CORPORATES
RESERVE BANK OF AUSTRALIA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AUSTRALIAN BUREAU OF STATISTICS

Fall in job vacancies largest on record

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Original article by Patrick Commins
The Australian – Page: Online : 26-Jun-20

The Australian Bureau Statistics has revealed that job vacancies ads fell by 43 per cent between February and May, making it the biggest fall on record. Ads for private sector jobs were down 45 per cent, while public sector jobs declined by 29 per cent. Job ads in the arts and recreation industry slumped by 95 per cent, ads in the rental, hiring and real estate sector were down 68 per cent, while the accommodation and food services recorded a 66 per cent decline in job ads. However, job ads on the Seek website as of the week to 21 June were at around 70 per cent of pre-COVID levels, suggesting some signs of recovery since April, which was viewed as the worst month for vacancies.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, SEEK LIMITED – ASX SEK

Government unveils new jobs site as economists revise down unemployment forecasts

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Original article by Euan Black
The New Daily – Page: Online : 3-Apr-20

More than 26,000 vacancies have been listed on the federal government’s new Jobs Hub website, and this is expected to top 50,000 in the next week. The site features employment opportunities across a range of industries. The launch of Jobs Hub has coincided with the release of official data showing that the number of job vacancies nationwide fell by 0.1 per cent in February and 2.2 per cent year-on-year. Meanwhile, Westpac now expects the unemployment rate to peak at nine per cent – rather than its previous forecast of 17 per cent – due to the government’s wage subsidy scheme.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC

Pundits expect rate cut despite jobs positivity

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Original article by Matthew Cranston
The Australian Financial Review – Page: 3 : 9-Jan-20

Data from the Australian Bureau of Statistics shows that there was 1.6 per cent growth in job vacancies in the November quarter, in seasonally adjusted terms. Private sector job vacancies increased by 1.5 per cent, after declining in the two previous quarters. The figures also show that the number of available jobs rose to 239,400 in the year to November, compared with 235,100 in August. However, economics still expect the Reserve Bank of Australia to reduce the cash rate in February.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH SECURITIES LIMITED

Job snobs leave bosses in the lurch

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Original article by Geoff Chambers
The Australian – Page: 1 & 2 : 5-Aug-19

Almost 60 per cent of businesses looking for lower-skilled roles are finding it hard to find new staff, while almost 50 per cent are finding it hard in general to recruit new employees. This is according to research by the Department of Employment, which found amongst other things that many potential employees were disinterested in the job, lacked personal presentation skills or submitted applications that were of poor quality. Australian Chamber of Commerce & Industry CEO James Pearson says the survey demonstrates that action is needed to address the problem of prospective employees who are not job-ready.

CORPORATES
AUSTRALIA. DEPT OF EMPLOYMENT, SKILLS, SMALL AND FAMILY BUSINESS, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY

Aust job vacancies rise 1.3pct to new peak

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Original article by Alex Druce
News.com.au – Page: Online : 10-Jan-19

Data from the Australian Bureau of Statistics shows that there was 1.7 per cent growth in job vacancies during the three months to November, or 1.3 per cent in seasonally-adjusted terms. The total number of vacancies rose to 241,600, compared with 238,400 in the three months to August. The number of job vacancies in the public sector grew by four per cent to 21,600 in the November quarter, while there was 1.1 per cent growth in private-sector jobs.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, INDEED INCORPORATED

Job market dries up for low-skilled employees

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Original article by Anna Patty
The Sydney Morning Herald – Page: 18 : 18-Oct-18

Anglicare has released a report which notes that low-skilled entry-level jobs accounted for just 26,000 of the 185,662 vacancies that were advertised across Australia in May. The report adds that almost 111,000 people are competing for the limited number of entry-level jobs. This equates to an average of four people nationwide, although Anglicare notes that it is much higher in South Australia and Tasmania. Anglicare’s executive director Kasy Chambers says low-skilled, entry-level jobs are "slowly disappearing".

CORPORATES
ANGLICARE AUSTRALIA

Health, retail leading surge in jobs growth

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Original article by Rachel Baxendale, Elizabeth Redman
The Australian – Page: 2 : 11-Jan-18

Data from the Australian Bureau of Statistics shows that there was 2.7 per cent growth in job vacancies in the three months to November 2017, and 16.1 per cent growth in the year to November. The annual growth in job vacancies was the strongest in seven years, while Australia recorded its strongest growth in new jobs for more than 12 years. Meanwhile, there was 17.2 per cent growth in private sector job vacancies over the 12 months, compared with 4.9 per cent growth in public sector job vacancies. Economists forecast that wages will begin to rise in 2018.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED

More workers wanted as world demand for resources grows

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Original article by Rachel Baxendale
The Australian – Page: 2 : 9-Oct-17

Job advertising site Indeed has reported an 84 per increase in jobs for "fly-in, fly-out" workers compared with 2016. Western Australia is the most popular state for FIFO jobs, with 45 per cent of adverts, followed by Queensland, the Northern Territory and South Australia. The surge in jobs for FIFO workers can be attributed to a number of factors, including restrictions on visas for overseas workers and an improvement in commodity prices.

CORPORATES
INDEED INCORPORATED

Resurgent miners see tighter labour market

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Original article by Paul Garvey
The Australian – Page: 21 : 13-Sep-17

The number of mining-related job vacancies in Australia is almost 40 per cent higher than 12 months ago, according to new data from DFP Recruitment Services. Job vacancies for engineers have risen by 78.5 per cent in the last year, after a sharp slump in demand for such professionals following the mining industry downturn. Meanwhile, job vacancies in Western Australia’s iron ore sector have risen by 57 per cent. Mining executives note that some staff are being poached, particularly those with specialists skills.

CORPORATES
DFP RECRUITMENT SERVICES PTY LTD, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, FORTESCUE METALS GROUP LIMITED – ASX FMG, INDEPENDENCE GROUP NL – ASX IGO, SOUTH32 LIMITED – ASX S32, BIS INDUSTRIES LIMITED