Labour market conditions in Victoria deteriorated following the reinstatement of economic lockdowns to curb the spread of COVID-19. However, the impact has varied considerably across sectors.
Labour market conditions remain weak in Victoria, with little hope of improvement until economic restrictions are lifted. Yet that hasn’t stopped recruitment picking up across the rest of Australia.
Hiring has increased sharply over the past couple of months, with sectors hard hit by COVID-19 leading the way. Nevertheless, the job market has changed during the crisis.
Labour market conditions in Victoria have deteriorated following the reinstatement of economic lockdowns to curb the spread of COVID-19. Job postings on Indeed AU have dropped accordingly.
Some occupations hold up better in a tough economy, but COVID-19 is rewriting the rules as employment falls sharply in almost every industry.
Australian hiring activity continued to improve towards the end of May, particularly in areas where restrictions have been lifted.