The Australian market saw a slight downturn in job growth in the period between October to December 2021, as the COVID-19 Omicron variant spread acros.
While hiring across the UK saw fewer fluctuations than other leading global economies, the country is experiencing a significant talent crunch, with app.
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iTWire Wednesday, 12 May 2021 12:05 New jobs rising in Australia and New Zealand: report
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Job recovery is on the rise in Australia and New Zealand, according to a JobAdder 2021 report, and the data point out that both countries show optimistic and accelerated economic recovery. However, the growth may cause an “overheated market.”
Hiring in Australia and New Zealand has bounced back and showed “extraordinary recovery”, with newly-created jobs rising and job placements booming in Q1, according to JobAdder’s
2021 Agency Trends report.
Between Q4 2020 and the end of Q1 2021, Australia saw a 29.3% increase in new jobs while New Zealand’s new job market grew by a significant 47.1%. The data shows an optimistic and accelerated economic recovery, revealing that both Australia and New Zealand saw a YoY (year-over-year) jump in new jobs created in Q1 20.9%and 39%, respectively.