Competition for jobs reaches the highest point in three years
- The number of job seekers competing for each live role has peaked at 7 – the highest point in 3 years.
- Alarming disparity between capital cities and regional centres for job seekers.
- Brisbane has been named the best city to find work, with 2.19 jobseekers per vacancy.
- Regional South Australia is the worst place to find a job in the country, with 25 jobseekers per vacancy.
The number of job seekers competing for each live role Australia-wide has reached the highest point in three years.
Jobs website adzuna.com.au compared the number of unemployed people in Australia (ABS, Labour Force Report, July) with the number of live job vacancies. 7 Australians are currently competing for each live role, compared to 6.06 in September 2018, and 5.86 in September 2017.
Adzuna CEO Raife Watson says, “The spike in the number of Australians competing for jobs is driven largely by underemployment in Australia.
“More people are looking for work as a result of weaker household income growth and housing affordability, however, the bulk of jobs being created in 2019 are part-time, when Australian workers are desperate for solid, stable, full-time positions,” Mr. Watson said.
The best cities to find work in 2019 are Brisbane, Canberra, Sydney, and Melbourne, with 2.19, 2.55, 4.30, and 5.16 workers competing for each position.
The toughest conditions to find work are in Regional Australia, where jobs are scarce and unemployment continues to increase.
Western Australia is the only state where job conditions are better in regional areas compared to the state capital. 13.44 job seekers are competing for jobs in Perth compared to 4.43 in Regional Western Australia.
The biggest disparity in job competition can be found in Queensland, where 2.19 job seekers compete for a position in Brisbane compared to 15.32 on the Sunshine Coast.
Watson says, “Brisbane has experienced a population boom over the past few years as a result of an increase in people leaving Sydney and Melbourne to seek out affordable housing. This has resulted in job creation and strong economic growth for the city.
“In the past, Queensland’s Sunshine Coast has been a tourist hotspot. Recent flat wage growth means fewer Australian’s can afford to take holidays and parts of the country that rely on tourism for jobs are suffering as a consequence,” Mr. Watson said.