Market trends
New job advertisements grew nationally by 5.5% in September compared to the same time last year. This result is lower than the average year-on-year growth rate for the past 12 months at 12.2%.
While job ad levels are at record highs, significant growth was experienced in just two states this month, with Tasmania (23.8%) and Western Australia (12.4%) growing at a double-digit rate.
Industry trends
Mining, Resources & Energy continues to lead the way, with the industry experiencing 19% growth compared to the same time last year. This result makes it the 14th consecutive month the sector has recorded the highest job ad growth in Australia.
Government & Defence (17%) and Healthcare & Medical (14%) also posted strong year-on-year results.
The table below represents the top five industries that experienced year-on-year job ad growth in September:
Ten industries recorded a year-on-year decline in job ads in September, with Real Estate & Property recording the greatest decline of 10%. Construction and Advertising, Arts & Media followed with 9% decline compared to the same period last year.
The industries that experienced the greatest year-on-year decline in September are shown below:
Trends across the country
All states saw an increase in job ads in September, however the nation’s territories experienced job ad decline. The Northern Territory registered the greatest decline of 3.1% compared to the same time last year, while the ACT experienced a 0.1% year-on-year decline.
While Tasmania recorded the greatest year-on-year job ad growth of 23.8%, the Apple Isle experienced a 3.2% decline compared to the same time last month. Western Australia, which also experienced strong yearly growth of 12.4%, posted flat monthly growth of 0.01%.
The following map outlines the job ad growth experienced across every region compared to 12 months ago:
Salary trends
Australian advertised salaries grew by 3.9% in September, with Western Australia (5.9%) and Tasmania (4.6%) the biggest contributors to the growth. Western Australia also posted the top average advertised state salary of $89,216.
Almost every industry experienced salary growth in September. Mining, Resources & Energy experienced the highest year-on-year salary growth at 9.8% followed by the Legal industry, which recorded 6.7% year-on-year growth. Science & Technology was the only industry to record a decline of 0.1% compared to the same time last year.
The top average annual salary was recorded in Mining, Resources & Energy ($122,123).
