Job Vacancies Face Consecutive Drops Across Australia

Published on July 4, 2024

Australian job seekers are continuing to feel the pressure, with job vacancies falling 2.7 percent from February to May, reaching 352,600, according to the Australian Bureau of Statistics (ABS). Job vacancies were down across a majority of industries. Bjorn Jarvis, ABS head of labour statistics, said there had been consecutive drops in the nation’s employment rate. “The number of job vacancies fell further in May 2024, dropping by 2.7 percent,” he said. “This followed a fall of 6.2 percent in February 2024.” Mr. Jarvis said job numbers were more plentiful in 2022, but had dropped significantly since. “May 2024 marked two years since the peak in job vacancies in May 2022,” he said....

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