Australia can be proud of how it’s handled COVID-19, with the economy recovering faster than expected. But challenges lie ahead as the year draws to a close.
While hiring nationwide is well below normal, Christmas job-filling has exceeded expectations. Meanwhile, after a slow start jobseeker searches have recently picked up strongly.
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.
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.
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.