Recruitment activity grows across locations, occupations, and skills

Recruitment activity grows across locations, occupations, and skills

The detailed Internet Vacancy Index (IVI) Report for March 2021, released today, shows job advertisements now exceed pre-COVID levels across all 48 detailed occupational groups.

The IVI increased by 19.1% or 38,200 job advertisements over the month to stand at its highest level in over 12 years (since October 2008).

Key points

  • The high year-over-year growth figure of 96.4% recorded by the IVI in March 2021 is partly attributable to the low base off which it is calculated. This is because March 2020 was the first month to clearly show the effects of COVID-19 on recruitment activity, with job ads falling 23.7% over the month to 121,600.
  • There has been a significant increase in recruitment activity compared with levels observed prior to the COVID-19 economic downturn. Job advertisements are up 42.0% or 70,600 compared with pre-COVID-19 levels.
  • Job advertisements increased across all states and territories, all eight broad occupational groups and all skill level groups during March 2021.
  • Recruitment activity for Community and Personal Service Workers reached an all-time series high (highest level since IVI series inception January 2006) of 25,200 job advertisements in March 2021.
  • In three month moving average terms, job advertisements increased in all 37 IVI regions over the year to March 2021. While the bulk of recruitment activity (73.4%) occurred in capital cities, the strongest growth over the year was observed in regional areas. 

The March 2021 Vacancy Report detailed results are now available here.