SEEK Job Ads Still Well Shy Of Norms

SEEK note that "in the fortnight ended 26 July, job ad volumes across
Australia were 68.9% of pre-COVID levels. In the last fortnight, we have
seen growth in most states and territories; unsurprisingly the same
cannot be said for Victoria, which has seen a decline of 6.4%, with job ad
volumes at 50.4% of pre-COVID levels. Since the re-introduction of
restrictions in met. Melbourne, we have seen a decline in job ads, but
this has not been as severe as what we saw in March and April. The fact
that job advertising volumes have not declined as much during this
second round of restrictions is testament to the resilience and adaptability
of business owners, who are being innovative and trying to find ways to
continue to operate. Vic represents about a fifth of the total job ads for
Australia and has a significant impact on the nation's job ad comparison
figure. If we exclude Victoria the national average for the last two weeks
compared to pre-COVID levels would be 75.8%."