Data from SEEK has found national new job ads in Australia recorded a rise of 16.5 per cent in April compared to this time last year, and experienced modest month-on-month growth of one per cent. The data also shows every industry has recorded positive year-on-year (YoY) growth this month, with Mining, Resources & Energy experiencing an enormous 62 per cent increase in job ads compared to April 2017, followed by Community Services & Development which saw 49 per cent YoY growth.
New job ads in Mining, Resources & Energy increased across all states with Queensland (91 per cent YoY), Victoria (86 per cent YoY) and New South Wales (62 per cent YoY) driving growth in the sector. Despite posting lower year on year job ad growth (51 per cent) than its east coast counterparts, Western Australia was the largest contributor to the sector, accounting for 800 new job ads.
Queensland, Victoria and New South Wales are responsible for the vast majority of the new job ads in the Community Services industry (82 per cent). The key occupation driving growth in Community Services is Aged and Disability Support, which makes up 33 per cent of the new job ads in April 2018 vs April 2017. This is followed by Employment Services (27 per cent) and then Child Welfare (16 per cent).
The Productivity Commission forecasts that Australia may need almost one million aged care workers by 2050 if it is to meet the anticipated demand from ageing baby boomers.
Kendra Banks, Managing Director SEEK ANZ, comments: “The strong growth in Community Services is driven mainly by aged and disability support workers, who are in high demand across Australia. This is thanks in part to Australia’s ageing population, but also the country-wide roll out of the National Disability Insurance Scheme (NDIS) which has had a positive impact on job ad growth over the past two years.”
Economists at Goldman Sachs estimate that around 50,000 jobs were created as a result of the NDIS in 2017, and another 100,000 may be expected by 2020. This is supported by SEEK data that shows significantly increased new job ads in both Community Services and Healthcare in April 2018 compared to the same time last year.
Trades & Services also experienced strong growth (up 41 per cent YoY), as did Consulting and Strategy (up 46 per cent YoY) and HR & Recruitment, which saw an increase of 38 per cent in job ads compared to twelve months ago.
Year-on-year job ad growth was also positive across every state and territory in April, with Tasmania topping the rankings with 35 per cent growth compared to April 2017. There were only two regions below the national average of 16.5 per cent in terms of seasonally adjusted year on year growth in April: NSW, where job ad growth was up 12.8 per cent YoY, and ACT which saw an 8.3 percent growth in job ads YoY.