Preliminary results for the National Skills Commission's Internet Vacancy Index (IVI), released today show online job advertisements fell a further 3.0% (7,200 job advertisements) in July 2021 to stand at 232,600.
The IVI has now recorded two consecutive months of declining recruitment activity following job advertisements reaching a 12-year high in May 2021.
The effect of COVID-19 restrictions, particularly in New South Wales, are evident in the July 2021 IVI results. New South Wales recorded the strongest decline in recruitment activity over the month, down by 10.3% (8,100 job advertisements). This was twice the rate of decline in the Northern Territory (down 5.2%), which recorded the second strongest percentage fall in the month.
Victoria recorded the only increase in job advertisements during July 2021 (up 3.9%) after recording the strongest fall in job advertisements in June 2021 (down 4.2%). All other states and territories recorded steady or declining recruitment activity over the month.
The level of recruitment activity nationally remains significantly elevated compared to pre-COVID-19 levels*, up by 38.3% (64,400 job advertisements). This growth is reflected across all jurisdictions, with the strongest gains recorded for Tasmania (up by 69.3%), Western Australia (62.8%) and South Australia (58.3%).
The detailed release of the IVI, including occupational, regional and skill level data, will be available on Wednesday 18 August 2021.
*Pre-COVID-19 job advertisement levels are defined as the 12-month average in the seasonally adjusted IVI series to February 2020.