Job Vacancies Hike in Australia – Nearly 40% Demand in Workforce!!

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Job Vacancies Hike in Australia - Nearly 40
Job Vacancies Hike in Australia - Nearly 40

Job Vacancies Hike in Australia – Nearly 40% Demand in Workforce!! In Australia, there have been reports of a 40% increase in job openings in the past year. In particular, it has been reported that the number of jobs in Australia has doubled since the post-Covid period. According to the latest seasonally adjusted figures from the Australian Bureau of Statistics (ABS), there were 471,000 job vacancies as of the last August.

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Meanwhile, the number of job vacancies in Australia fell by 3 percent due to strong hiring by the private sector. At the same time, public sector vacancies have increased to 11 percent. The Australian Bureau of Statistics head, Lauren Ford, said the number of job vacancies fell by 2% in the three months to August 2022. Meanwhile, the data showed employment numbers continued to rise in some industries, such as Australia’s retail trade (15 percent) and accommodation and food services (14 percent).

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It is worth mentioning that this reflects a shortage in the labor market. Moreover, industries such as construction (16 percent) and education and training (12 percent) found a decrease in vacancies. While transport, postal, and warehousing (17 percent) and retail (15 percent) found the highest growth, the report said.

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