Employment Dashboard May 2023

The market continues to show signs of stabilising after periods of rapid growth and decline shaped the labour market last year. Application levels are now almost at their pre-COVID levels, after nearly two-and-a-half years of talent shortages.

Job ads dropped only marginally in May 2023, with incremental decreases for most industries, and small increases in some others. Demand for Healthcare & Medical and Accounting and Construction workers rose against the trend.

While job ad volumes have dropped since their peak last year, they remain higher than their pre-COVID levels, showing that hirers are still looking for workers, despite a reasonably tough economic outlook.

Source: SEEK Employment Index

Data is seasonally adjusted unless otherwise indicated.

Disclaimer

The data should be regarded as standalone information and should not be aggregated with any other information.The data is given in summary form and whilst care has been taken in its preparation, SEEK makes no representations about its completeness or accuracy. SEEK expressly bears no responsibility or liability for any reliance placed on the data, or from the use of the data.

Note: the SEEK Employment Index (SEI) may differ to the job ad count on SEEK’s website due to a number of factors including: 1) seasonal adjusments applied to the SEI; 2) the exclusion of duplicated job ads from the SEI; 3) the exclusion of Company Listings (included under Company Profiles) from the SEI.