Applications per job ad also up 2.5% in June
Job ad volumes in Australia went up for the first time in three months after rising 1.7% in July, according to the latest SEEK Employment Report.
The report revealed that the Northern Territory saw the largest month-on-month increase in job ads, with a 10.3% rise — the biggest monthly gain in the territory in over two years.
Job ads also went up in Western Australia (2.8%), Queensland (2.6%), and New South Wales (2.2%).
"Job ad volumes in Queensland have now surpassed those in Victoria, thanks to driving demand for workers in Construction, Community Services & Development, and Real Estate & Property" said Leigh Broderick, Head of Employment Analytics at SEEK, in a statement.
Source: SEEK Employment Report - July 2024
By industry, all but five recorded an increase in ad volumes in July, according to SEEK.
"Hospitality & Tourism jobs posted a strong month, rising for the first time this year, by 17.4%," Broderick said.
The highest monthly increase was from the Sport and Recreation sector, with a 20.3% hike. The Human Resources and Recruitment sector, on the other hand, registered a -0.5% decline in job ads, the report revealed.
Source: SEEK Employment Report - July 2024
Meanwhile, applications per job ad went up 2.5% for the month of June.
According to SEEK, there was "significant candidate interest" in Government and Defence jobs with the industry reporting a 27% increase in applications per job ad.
"Applications per job ad have risen consistently for over two years and are very elevated compared to pre-COVID norms," Broderick said. "For candidates, this means significant competition for open roles, and for hirers, it means plenty of choice, and demonstrates the power of a well-defined recruitment process."
