New job index shows steady online job ads in June
Online job ads in June registered a mere increase of 0.14 percent in June, as analysts gave indications that employers for now may be on the waiting-mode for some possible effects of an early federal elections on workplace regulations.
New figures showed that the flat job movement in June was way below from the 5.47 growth seen in May and Advantage Resourcing director of global market intelligence Robert Olivier observed that much of the present year has seen encouraging gains month-on-month "so this flat line suggests employers are still cautious as speculation of an early election gathers momentum."
Mr Olivier said that the flat Advantage Job Index in June is suggesting that employers are still maintaining a watchful eye in view of the incoming national elections, notwithstanding that the debates on the RSPT issue has been put aside.
He predicted that most employers would continue their wait-and-see approach for now "given the current workplace policies of both the major political parties."
Mr Olivier said that job advertisements posted online further weakened by the last few days of June and that trend could be replicated in July if companies would continue to shun the job market and refuse to utilise their budgets for recruitments in the new financial year.
The new data showed that sales, marketing and retail sectors were the worst performing in June as all reduced their online job ads by 2.8 percent which Mr Olivier attributed to weaker retail jobs and consumer confidence.
Among the states and territories, only Victoria registered a solid online job ad growth with a 2.31 percent increase while Tasmania recorded the deepest fall this month with its 2.07 percent decline and followed by NSW, Western Australia and Queensland.
In the 12 months leading to June, administration, clerical and office positions showed 82 percent growth while human resources job slots and advertising and media professions increased their online ads by 79 percent and 46 percent respectively, with the legal positions ads suffering a decline of 8.7 percent.