Home topics news Source: Israel Andrare on Unsplash News News National job ads dip in May Yajush Gupta June 7, 2023 The job market in May 2023 displayed a mixed performance, as revealed by the latest data from the SEEK Employment Dashboard. Fluctuations and challenges were observed across various states, industries, and timeframes. National job advertisements experienced a slight decline of 0.6 per cent when comparing May 2023 to April 2023. However, the year-on-year comparison indicated a significant 22.0 per cent decrease in national job ads, reflecting a challenging environment. An interesting trend emerged in the number of applications per job advertisement, which showed a 4.8 per cent increase month-on-month. This uptick signifies heightened competition among job seekers vying for available positions. In terms of state-wise job ad changes, Western Australia witnessed a marginal decline of 0.7 per cent, while the Northern Territory saw a positive growth of 4.8 per cent. Queensland experienced a decrease of 1.3 per cent, and New South Wales recorded a decline of 1.6 per cent. Other states also displayed varying changes, including Victoria (-1.9 per cent), Australian Capital Territory (0.0 per cent), South Australia (1.2 per cent), and Tasmania (-2.2 per cent). Comparing job ad changes between May 2023 and May 2022, several states experienced notable year-on-year decreases. New South Wales observed a significant decline of 25.3 per cent, followed by Queensland (-17.0 per cent), Victoria (-27.3 per cent), South Australia (-13.5 per cent), Western Australia (-13.7 per cent), and Tasmania (-7.2 per cent). The
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