The 2011 job market is off to solid start with total advertisements rising by 2 percent in December
January 12, 2011
The 2011 job market is off to a strong start with the total number of jobs advertised in major metropolitan newspapers and on the internet rising by 2 percent in December.
As reported in the latest ANZ Job Advertisements Series, job ads have jumped to 188,614 per week – seasonally adjusted.
This follows a 3 percent increase in November (originally reported as a 2.9 percent rise).
NEWSPAPER JOB ADS
Despite the rise in total job ads, the number of jobs advertised in major metropolitan newspapers fell by 2 percent in December.
Newspaper job ads are now 13.1 percent lower than a year ago, although this sharp fall largely reflects the base effects from unusually high newspaper job advertising in December, 2009.
All states and territories experienced a drop in newspaper job ads last month with the exception of New South Wales, which recorded a rise of 1.3 rise.
The largest falls were recorded in Queensland ( 8.5 percent MoM), the Northern Territory (-7 percent MoM) and Tasmania (-4.7 percent MoM).
INTERNET JOB ADS
Encouragingly, the number of internet job ads rose by 2.3 percent in December.
This is a modest deceleration from the 3.1 percent growth recorded in November.
Internet job ads are now 30.5 percent higher than they were a year ago.