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The Time to Ask for a Payrise? Right Now!

To make finding a job easier, Adzuna brings all the jobs in Australia to the one place. This means we have the most up-to-date statistics and insights on the Australian jobs market.

Here are our findings for August, 2017…

The number of advertised vacancies in Australia has increased 3.22% in the year to August 2017, with 127,884 job vacancies currently being advertised on Adzuna.

Advertised salaries increased 2.24% over the past twelve months to $90,251. IT is the highest paying industry.

The number of job seekers vying for a single role has reached the lowest point of 2017, with 5.68 people competing for a job, compared with 6.59 just six months ago.

The Adzuna Job Index this month shows 127,884 roles being advertised across Australia, 3.22% up year-on-year, and a high for 2017.

Additionally, August saw competition for jobs drop to 5.68 jobseekers per vacancy, the lowest point in 2017.

Advertised salaries continue to climb

Salaries are continuing to show short-term improvements, climbing 4.71% over the past 6 months, and 2.24% year-on-year.

Queensland recorded the highest increase in average advertised salaries at 6.39%, whereas, in NSW, Australia’s biggest economy and employer, salaries remained flat, with 0.08% growth.

Demand Increases in Legal Sector

According to Adzuna data, job vacancies in the legal sector have climbed 21% over the past year, however, advertised salaries dropped 2.41%. This is due to increased demand for junior positions including legal secretaries and executive assistants, which attract lower salaries in comparison to more senior roles such as legal counsel. Many of the more senior positions advertised are for jobs within government agencies.

Raife Watson, CEO of Adzuna Australia commented: 

“August saw 100,000 fewer unemployed people and also the highest number of job vacancies for the year. Both factors are green shoots for potential economic growth.

In New South Wales, 3.89 job seekers are competing for a single role. This is low, especially for the biggest economy in the country, and should result in an increase in wages. When competition for jobs is high, the incentive for employers to pay higher rates is diminished and it becomes a race to the bottom. Competition for jobs is currently very low, and jobseekers can assume a stronger position when negotiating pay packets. In theory, wages should start to pick-up as a result.

Where are all the jobs?

Healthcare, Trade & Construction and IT are the top hiring sectors in Australia. People working in these sectors can also expect higher than average salaries.

Over the past 12 months Western Australia has recorded the largest increase in advertised job vacancies at 12.35%. This is a result of rising commodity prices and subsequent need for more workers to cope with demand.

The A.C.T retains the title of best place in Australia to find a job. 2.82 job seekers compete for a single role in the A.C.T, compared to 3.89 in NSW, and 12.01 in South Australia.

 

Worst Places in Australia to Find a Job

Rank City Jobseekers
    per vacancy
1 South Australia 12.01
2 Tasmania 10.12
3 Western Australia 9.37
4 QLD 8.36

Best Places in Australia to Find a Job

Rank City Jobseekers
    per vacancy
1 Canberra 2.82
2 Northern Territory 3.04
3 New South Wales 3.89
4 Victoria 6.43


Biggest Improvers – Job Sectors by Average Salary

Job sector Average salary Salary % Total vacancies
    12 Month Change  
Healthcare $139,877 7.90% 19,356
Trade & Construction $97,999 7.34% 11,938
PR-Advertising $117,025 5.65% 2,613
HR $88,115 4.98% 2,267

Worst Performers – Job Sectors by Average Advertised Salary

Job sector Average salary Salary % Total vacancies
    12 Month Change  
Teaching $69,381 -8.90% 5,063
Consultancy $101,954 -7.89% 1,845
Hospitality $57,279 -5.08% 4,888
Property $72,601 -4.82% 2,390