There are nearly half one million job vacancies in Australia- an increase of greater than 50,000 on final month.
That’s greater than double the vacancies in February 2020, earlier than the pandemic.
Bjorn Jarvis, head of Labour Statistics on the ABS, mentioned: “The number of job vacancies rose by 14 per cent over the three months to May 2022, to almost half a million jobs. This reflected increasing demand for workers, particularly in customer facing roles, with businesses continuing to face disruptions to their operations, as well as ongoing labour shortages.”
In addition to the next variety of vacancies, the share of companies reporting not less than one emptiness additionally elevated.
“The large growth in vacancies through the pandemic has coincided with a decline in the number of unemployed people,” Jarvis mentioned.
“As a result, there was almost the same number of unemployed people and vacant jobs in May 2022 (1.1 unemployed people per vacant job), compared with three times as many people before the start of the pandemic.”
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