SEEK Job Ads Surge Again

SEEK note that "the latest SEEK Employment Report shows national job ad volumes increased by 10.2% m/m in October. Job ad volumes were 63.2% higher nationally than in the same month in 2020 and up 44.0% compared to 2019. A combination of the lifting of restrictions in our two largest employment markets, New South Wales and Victoria, along with businesses getting ready for what will hopefully be a bumper holiday period has had a huge impact on this month's job ad volumes. In New South Wales, job ads increased by more than 20% for the second month running, and Victoria recorded growth of 16.3%. In both states, roles within Hospitality & Tourism led the way with a jump of 46.2% in New South Wales and 123.8% in Victoria. Traffic to seek.com.au remains high, but with more jobs on site than ever before, applications per ad are low compared to historical trends."

• "One of the many factors that impact hirers who find it challenging to recruit is the very large number of open roles currently available. Despite site visits remaining high, there is still a hesitancy, particularly with customer-facing roles, with people not wanting to move jobs just yet. Recent SEEK data shows that 28 per cent of Australians are likely to consider changing jobs in the next six months. Traditionally the lead up to the end of the year is not a time to switch jobs. Therefore, we expect more movement early in 2022."