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There has been an increase in the number of new jobs in Australia. There are many sectors where more than 10 percent jobs have been created.
Even though a small number of people were given jobs in the August quarter in Australia. But even after this, the number of new jobs has been more than double compared to before the pandemic. Actually, there were 4,71,000 jobs in August 2022. If we compare it with May 2022, there are 10,000 jobs less. This information is available through the data of Australian Bureau of Statistics (ABS). But these figures also show another picture. Data shows that even though fewer people got jobs in the August quarter, it was more than before.
There were 4,71,000 jobs in Australia in the August quarter, whereas at the same time in August last year this number was 3,34,00. Last year, there was a lockdown in the country due to the Delta variant and due to this the market was significantly affected. There has been an increase of 41 percent in new jobs this year compared to last year.
Rapid recruitment by the private sector has helped in reducing the vacant posts in Australia. In three months, by August 2022, the number of vacant posts has come down to 3 percent. On the other hand, new vacancies in the public sector have increased by 11 percent.
Same number of unemployed people and vacant posts
Lauren Ford, head of labor statistics at the Australian Bureau of Statistics, said, ‘The number of job vacancies has declined by 2 percent in the three months to August 2022. However, it remains historically high and is still more than double the pre-pandemic level. Ford said, ‘Due to the pandemic, a large increase in vacant positions has been seen along with a decrease in the number of unemployed people. Due to this, in August 2022, the number of vacant posts (4,71,000) was equal to the number of unemployed people (4,88,000). He said that the number of unemployed people was three times the number of vacant posts before the pandemic started.
The official further said that even though a decline has been seen in new jobs. But there are many sectors of Australia where people are still needed. Ford says, ‘Despite the overall decline in the quarter, the number of job vacancies in some industries has continued to increase. For example, retail trade (more than 15 percent) and accommodation and food service (more than 14 percent). This shows the shortage of labourers.
In which sectors are there vacancies?
A decline in the number of jobs has been seen in Australia’s Tasmania (17 percent decline) and Western Australia (7 percent decline). At the same time, Queensland (more than 9 percent) and Victoria (more than 5 percent) have the highest number of jobs. If we talk about industry, there are more than 17 percent new jobs in transport, postal and warehousing. Whereas in retail trade this number is 15 percent.