Date Time
Job vacancies 57 per cent higher than pre-COVID level: Australia
Job vacancies in Australia in May 2021 were 57 per cent higher than February 2020, prior to the start of the pandemic, according to new seasonally adjusted figures from the Australian Bureau of Statistics (ABS).
Bjorn Jarvis, head of Labour Statistics at the ABS, said that job vacancies continued to increase and were up by 23 per cent over the quarter.
“There were around 362,000 job vacancies in May 2021, which was higher than we have ever seen in Australia. This was 69,000 more than February 2021 and 132,000 more than last February,” Mr Jarvis said.
In May 2021, 22 per cent of businesses reported at least one vacancy, double the level in February 2020 (11 per cent).
The Hon Sussan Ley MP
Minister for the Environment
The Morrison Government today delivers on its commitment to helping Australia better prepare for, and respond to natural disasters with the official launch of operations for the Australian Climate Service.
Minister for the Environment, Sussan Ley, said the new service is ready to hit the ground running, supporting its customers, Emergency Management Australia and the Australian Government’s new National
Recovery and Resilience Agency.
“Coordinated by the Bureau of Meteorology, the Australian Climate Service significantly strengthens Australia’s position as a world leader in anticipating and adapting to the impacts of a changing climate,” Minister Ley said.
The Library seeks to build comprehensive collections where relevant materials are acquired to the greatest extent possible; representative collections where the Library selects a manageable amount of material to represent a type, creator or subject; and selective collections where items of national priority or special significance are identified and collected, or where depth of collecting is prioritised above breadth. This section of the policy is arranged in sequence from comprehensive to selective, recognising that such a continuum is neither fully linear nor completely exclusive. Web archiving for example, falls midway along this imaginary line, and is by turns comprehensive, selective and representative.
By Reuters Staff
2 Min Read
Customers at a local cafe are seen through a window displaying a job vacancy notice in central Sydney, Australia, May 9, 2016. Picture taken May 9, 2016. REUTERS/Steven Saphore/Files
SYDNEY (Reuters) - Job vacancies in Australia hit record highs in the May quarter to be 57% above pre-pandemic levels, while businesses in all sectors reported difficulties in finding workers in a rapidly growing economy.
In a major boost for the employment outlook, figures from the Australian Bureau of Statistics out on Thursday showed vacancies in the three months to May surged 23.4%, from the previous quarter, to 362,500.
That was 132,000 higher than in February last year before the coronavirus forced the closure of much of the economy.
About the Trade Balance
The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.
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