Internet vacancies drop for third consecutive month

Today’s preliminary National Skills Commission Internet Vacancy Index (IVI) release shows online job advertisements fell by 5.6% (12,800 job advertisements) in August 2021, to stand at 216,000. The IVI has now recorded three consecutive months of declining recruitment activity after reaching a 12-year high in May 2021.

The economic impacts of COVID-19 have continued, with five states and territories recording declining recruitment activity during August.

The sharpest declines in job ads over the month were recorded in New South Wales down by 9.2% (6,400 job ads), followed by the ACT 9.0% (610 job ads) and Victoria 5.9% (3,700 job ads).

By contrast, the Northern Territory, South Australia and Western Australia each recorded modest growth in job ads over the month (2.3%, 1.1% and 1.0% respectively). 

Despite the decline, August 2021 recruitment activity remains well above levels observed at the same time last year, up by 55.6% (77,200 job advertisements).  

The level of recruitment activity nationally remains significantly elevated compared to pre-COVID-19 levels*, up by 28.4% (47,800 job advertisements). This growth is reflected across all jurisdictions, with the strongest gains recorded for Western Australia (up by 66.9%), Tasmania (64.4%) and South Australia (61.5%).

The detailed release of the IVI, including occupational, regional and skill level data, will be available on Wednesday 22 September 2021.

*Pre-COVID-19 job advertisement levels are defined as the 12-month average in the seasonally adjusted IVI series to February 2020.