Preliminary results for the National Skills Commission’s Internet Vacancy Index (IVI), released today, show online job advertisements increased by 1.9% (or 4,500 advertisements) in May 2021 to stand at 245,400. This represents the 13th consecutive month-on-month increase in job advertisements, which is 163.9% (or 152,400 advertisements) above the level recorded in May 2020.
The growth observed by the series over the month again sets a new 12-year high for recruitment activity nationally, with job advertisements at their highest level since the 251,000 job advertisements recorded in October 2008.
Over the month, job advertisements increased across all states and territories except Tasmania, where recruitment activity declined slightly (by 1.0%). The strongest increases over the month were in Queensland (6.4%), South Australia (4.5%) and Western Australia (4.4%).
Recruitment activity has surpassed levels observed prior to the pandemic, up by 46.0% (or 77,300 advertisements) compared to pre-COVID-19 levels*.
The detailed release of the IVI, including occupational, regional and skill level data, will be available on Wednesday 23 June 2021.
*Pre-COVID-19 job advertisement levels are defined as the 12-month average in the seasonally adjusted IVI series to February 2020.