Job vacancies stabilising but down over longer term

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Job vacancies stabilising but down over longer term

The Department of Employment Internet Vacancy Index (IVI) increased by 0.5% in trend terms during September 2013 and appears to be stabilising.

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The Department of Employment Internet Vacancy Index (IVI) increased by 0.5 per cent in trend terms during September 2013 and appears to be stabilising.
 
The longer term trend for vacancies, however, remains subdued: over the year to September 2013, the IVI has fallen by 11.9 per cent, and is 56.8 per cent below the March 2008 peak. The IVI has declined in all eight occupational groups and all states and territories over the past year, with the exception of Tasmania (up by 2.9%).
 
Trend summary
 
Annual change
    • declined by 11.9 per cent to 62.5 (Jan 2006 = 100)
    • decreased in all eight occupational groups, with the largest fall recorded for Machinery Operators and Drivers (down by 20.7%)
    • decreased in all states and territories, except Tasmania (up by 2.9%)
Monthly change
    • increased by 0.5 per cent
    • increased in all of the eight occupational groups, except Labourers (down by 0.7%)
    • increased in all states and the Northern Territory, but declined in the Australian Capital Territory (down by 1.0%)
(161,100 vacancies)
 
Seasonally adjusted summary
 
Annual change
    • declined by 13.0 per cent to 62.8 (Jan 2006 = 100)
    • declined in all eight occupational groups, with the largest fall recorded for Machinery Operators and Drivers (down by 20.8%)
    • decreased in all states and territories, except Tasmania (up by 3.8%)
Monthly change
    • increased by 0.3 per cent
    • increased in five of the eight occupational groups, with the largest rise recorded for Machinery Operators and Drivers (up by 2.2%)
    • increased in Victoria, Queensland, South Australia and Tasmania
(160,400 vacancies)
 
More information is available from the Department of Employment.
 
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