SEEK data has revealed there were 10.9 per cent more new job ads on SEEK this June than 12 months ago. Michael Ilczynski, managing director for SEEK Australia and New Zealand, said the Australian labour market has continued to gain strength, and the mining, resource and energy industry enjoyed the fastest rate of advertising growth of all industries on SEEK this June.
“At a national level, job ads for the mining, resource and energy industry were up 84 per cent year on year [y/y], with the mining states of Queensland [QLD] and Western Australia [WA] displaying signs of recovery,” said Ilczynski.
“Queensland experienced the largest advertising growth on SEEK of all the states and territories this June, up 5.2 per cent month on month [m/m] and 17.9 per cent y/y. This annual pace of growth across Queensland is now the strongest since the mining boom peak in 2011,” he added.
The pick-up in advertising has been wide-spread with strength in Brisbane [up 10.9 per cent y/y], Mackay & the Coalfields [up 88 per cent y/y], Mt Isa & Western Queensland [up 55.6 per cent y/y], as well as Townsville and Northern Queensland [up 47.9 per cent y/y].
“The Mining, Resources & Energy industry enjoyed the largest growth in job advertising in Queensland [up 109 per cent y/y], while Trades & Services offered the most job opportunities [up 46 per cent y/y],” said Ilczynski.
In Western Australia [WA], advertising on SEEK rose 13.8 per cent y/y. Fuelling this uplift was strong advertising across Mining, Resources & Energy industry [up 71 per cent y/y], Trades & Services [up 24 per cent y/y] and the Healthcare & Medical industry [up 9 per cent y/y].
“The upturn of job ads on SEEK for Queensland and WA, while off a low base, reflects recent improvements in mining conditions and the pick-up in exploration activity by mining companies as they aim to maintain production levels after having to cut back on capital expenditure for a number of years,” Ilczynski explained.
The pace of advertising on SEEK also increased in New South Wales [NSW] and Victoria, our nation's largest labour markets, with job ads up 7.1 per cent y/y and 12.8 per cent y/y respectively this June.
In both states, the top advertising industry on SEEK was Information & Communications Technology [ICT].
“South Australia [SA] has also continued its recent strength, with advertising on SEEK up 0.8 per cent m/m and 18.7 per cent y/y,” said Ilczynski.