An annual jobs report produced by the Department of Jobs and Small Business shows that labour market conditions strengthened considerably over the year to January 2018.
Australian Jobs 2018, a comprehensive snapshot of the Australian labour market, was released on 2 May 2018.
Labour Market Analyst Ivan Neville said employment during the 12 months to January 2018 had increased by a robust 403,300 (3.3%) – which is more than double the decade annual average rate of 1.6%.
‘The increase is predominantly due to a rise in full-time employment, which rose by 293,200 (or 3.6%),’ Ivan said. ‘Over the same period, part-time employment increased by 110,000 jobs (or 2.8%).’
He said it boded well for young people about to enter the workforce.
‘Youth employment also increased strongly over the past year, up by 43,800 or 2.4%.
‘Young workers are employed in all industries, although some offer more opportunities than others. The industries with the largest numbers of young people include Retail Trade (386,000), Accommodation and Food Services (385,000) and Construction (175,000).’
Australian Jobs is a point-in-time snapshot, which pulls together data from a range of sources including the Australian Bureau of Statistics, the Department’s own research, the Department of Education and Training and the National Centre for Vocational Education Research.
The information gathered also sheds light on the changing structure of Australian industry.
‘More than three in every four Australian workers are now employed in a service industry, with much of the growth driven by the Health Care and Social Assistance sector,’ Ivan said.
Other industries that had seen significant job creation in the past five years include Construction (188,800), Education and Training (126,500), Professional, Scientific and Technical Services (114,400) and Accommodation and Food Services (108,400).
Over the five years to November 2017, about 1.2 million new jobs were created across 14 industries, although these were partly offset by job losses in others.
The industries that showed the biggest losses were Manufacturing (down by 58,800), Mining (52,900) and Wholesale Trade (50,900), although these industries still offer opportunities for those looking for work.
Australian Jobs includes information on how employers recruit staff and the attributes they seek; data on education and training pathways; and discussion on the changing nature of work and recruitment.
It includes information for states, regions, occupations and industries.
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