20/04/2015
"Nationally, new jobs advertised in February fell 3 percent month-on-month,partly reversing January's 5.6 percent rise. Despite the dip in February's figures the Australian labour market continues to progress. The market is in better shape now than this tim elast year with new job ads 7.3 percent higher than 12 months ago to February 2015."
"The factors across the economy we're seeing such as low interest rates and lower petrol prices are helping to maintain a degree of optimism in the employment market. Furthermore the recent historic high number of dwelling construction approvals is having a positive flow on effect to labour demand for supporting services. The rate at which these factors continue to support the labour market is unknown and something we continue to watch," Mr. Powell said.
"As in recent months, most of the grown is being driven by Australia's largest employing states, NSW and VIC. While New South Wales recorded 3.2 percent dip and Victoria a minor 1 percent dip in February, this followed strong January month-on-month gains of 9.8 and 5.1 percent respectively."
"South Australia and Western Australia each experienced relatively large falls, with 3.5 and 4.6 percent month on month declines respectively. IN each case it was the third relatively sizeable fall in job ads in these markets over the past four months, which suggests tougher labour market conditions in these states for jobseekers."
The SEEK Employment Index fell 1.9 percent accross Australia in February 2015 indicating a strong volume of applications for every job ad which is currently posted on SEEK. The index fell across the states of: NSW down 2.9 percent, QLD down 2.5 percent, SA down 4.8 percent, WA down 4.5 percent, but rose 1.7 percent in Victoria.