Thinking about your next career move? Now may be the right time to start planning. The new financial year arrived with great news for candidates with opportunities on SEEK rising 12.6% in July compared to the same time last year.
The positive results were spread across almost all industries with only three recording a year-on-year decline. These industries were Advertising, Arts and Media, Insurance and Superannuation and Call Centre and Customer Service.
The positive results were spread across almost all industries with only three recording a year-on-year decline.
The Mining, Resources and Energy industry led the way again in July. Kendra Banks, Chief Commercial Officer for SEEK Australia and New Zealand says that while they were coming off a low base, opportunities for candidates in the industry were up 73% year-on-year.
“The pick-up of exploration activities by mining companies, especially in Western Australia (WA), after cutbacks over the past few years, is driving job advertising growth on SEEK across the industry,” says Banks.
The Mining, Resources and Energy industry was also out in front for average advertised salaries on SEEK in July, recording an average of $109,440.
Growth in ICT
If you’re looking for your next role in Information and Communications Technology (ICT) industry, you’ll be pleased to know it was offering the most opportunities of any industry - up by 5% year-on-year in July.
“ICT has been the top advertising industry on SEEK for a while now,” says Banks. “Australia is one of the most digitally connected countries in the world and businesses are increasingly relying on technology and software solutions to support their operations. As a result, ICT professionals are in high demand to create and manage these new technologies.”
The average advertised salary for the ICT industry was also on the rise. Last financial year, it recorded an average of $102,574, up 1% year-on-year. This was considerably higher than the national average of $81,747, which was also up 1.8 per cent year-on-year on SEEK.
“Many ICT roles are highly technical and hard to fill, so that’s why this industry commands high salaries,” explains Banks.
Trades and Services came in second for the number of job opportunities on SEEK. The industry saw a year-on-year growth of 28% and the average advertised salary was $64,022. Healthcare and Medical was third with year-on-year growth of 13% and the average advertised salary was $86,629. Meanwhile, Manufacturing, Transport and Logistics came in fourth place for job opportunities on SEEK in July. They grew by 19% and the average advertised salary was $70,280.
Candidates in demand
If you’re looking for more reasons to polish up your resume, you’ll be happy to know that candidate demand remained strong across many industries in July.
Conditions were positive for candidates in Government and Defence, with opportunities on SEEK rising by 30% and the average advertised salary was $90,814.
Education and Training also recorded good conditions for candidates. Opportunities increased by 8% and the average advertised salary was $81,235. If you’re considering your next role in Real Estate and Property, you’re also in demand with prospects on SEEK rising by 7% and the average advertised salary was $74,271.
Non-full-time roles on the rise
Banks explains opportunities for full-time and non-full-time roles on SEEK are growing at a different pace. “Non-full-time jobs are growing at a faster rate,” she says. “This is a trend we’ve witnessed since late 2010.”
Despite this, the latest SEEK data shows that full-time jobs were the most advertised role type on SEEK during the past financial year.
Trends across the country
Tasmania may be Australia’s smallest state but it experienced the biggest job ad boost in July, increasing 22% year-on-year. Industries fueling this growth were Healthcare and Medical (up 38% year-on-year), Trades and Services (up 48% year-on-year) and Hospitality and Tourism (up 19% year-on-year).
The positive results also extended right across the country. The pace of job ads is picking up in the largest labour markets with New South Wales experiencing growth of 7.3% year-on-year and Victoria rising 14.1%. “ICT was the top advertising industry in both states,” says Banks.
A recovery is underway in the mining-dominated states of WA and Queensland, which saw year-on-year growth of 16.8% and 20.2% respectively. “The annual pace of ad growth on SEEK across the Sunshine State is now the strongest since 2011,” adds Banks.
“In the smaller job markets of South Australia and the NT, job ads on SEEK increased 19.8% year-on-year and 17.5% year-on-year, with the trades and services industry offering the most jobs on SEEK in these regions,” adds Banks.
Meanwhile, opportunities for candidates in the Australian Capital Territory grew 4.8% year-on-year.
The new financial year started on a high for candidates across the country in the vast majority of industries. Let’s hope the momentum continues!