{"id":11523,"date":"2020-09-23T08:57:09","date_gmt":"2020-09-22T22:57:09","guid":{"rendered":"https:\/\/www.hiringlab.org\/au\/?p=11523"},"modified":"2020-09-23T08:57:09","modified_gmt":"2020-09-22T22:57:09","slug":"hiring-recovery-continues","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/au\/blog\/2020\/09\/23\/hiring-recovery-continues\/","title":{"rendered":"Australia\u2019s Hiring Recovery Continues Despite Victoria\u2019s Lockdown"},"content":{"rendered":"\n<p><strong>Key points:&nbsp;<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Six-months into the COVID-19 crisis, job postings in Victoria are tracking 51% below last year\u2019s trend, following the introduction of economic restrictions in July. By contrast, the gap is 19% for the rest of Australia.&nbsp;<\/li><li>Victorian job postings in areas such as dental, construction and education have deteriorated considerably compared with other states.&nbsp;<\/li><li>Yet three occupation groups, electrical engineering, IT operations and information design, are actually performing better in Victoria than across the rest of Australia.<\/li><\/ol>\n\n\n\n<p>Job postings in Victoria continued to suffer through the first half of September. Due to widespread community transmission of COVID-19, Victoria\u2019s state government reinstated economic restrictions in July. By contrast, the hiring recovery continued across the rest of Australia.&nbsp;<\/p>\n\n\n\n<p>In Victoria, job postings were tracking 51% below last year\u2019s trend for the week ended 18 September. That compares unfavourably with the 19% gap for the rest of Australia. The gap in hiring activity between Victoria and the rest of Australia has widened throughout Victoria\u2019s second lockdown and likely won\u2019t improve until restrictions are lifted.&nbsp;<\/p>\n\n\n\n<p>Had Victoria avoided a second-wave of COVID-19 cases, and job postings had grown at the same pace as the rest of Australia, then job postings in Victoria would be around 52% higher than their current level.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/7ZN2URAnJ1_-7rDKZ5a5GMrfJEEx5W22aRnoJtiUpY-04OgnMgJV_dn9fGgeQiyvnXr2tYQuo2vL7ToG67Bg65PL386hD8SgCUVGenEDh4W1EOUpjn1YXTtdzkXo8jwjkpjta0tU\" alt=\"Line graph showing job postings on Indeed Australia\"\/><figcaption>Line chart titled &#8220;Job posting on Indeed Australia.&#8221; With a vertical axis ranging from 20% to 120%, Indeed tracked the percent change in job postings along a horizontal axis ranging from 1 February to 18 September, with lines representing 2019 and 2020. One side of the chart represents Victoria with the other side representing the rest of Australia. As of 18 September 2021, job postings on Indeed for Victoria were tracking 51% below the 2019 trend, while in the rest of Australia they were 19% below the 2019 trend. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p><strong>Not every Victorian occupation has suffered<\/strong><\/p>\n\n\n\n<p>While economic restrictions have greatly reduced Victorian recruitment, not every occupation group has deteriorated. In fact, several are doing as well or better than their interstate peers.&nbsp;<\/p>\n\n\n\n<p>In three occupation groups, electrical engineering, IT operations &amp; help desk and information design, job postings in Victoria are tracking better, relative to last year\u2019s trend, than the rest of Australia.&nbsp;<\/p>\n\n\n\n<p>However, for most groups the opposite is true and labour market conditions are tracking much worse in Victoria than elsewhere.&nbsp;<\/p>\n\n\n\n<p>The largest gap is in dental and construction. In Victoria, job postings for dental roles are tracking 35% below last year\u2019s trend. By contrast, the occupation is tracking 47% above last year\u2019s trend across the rest of Australia, reflecting some catch-up following the initial round of economic restrictions.&nbsp;<\/p>\n\n\n\n<p>Construction also isn\u2019t faring very well. Victoria\u2019s second lockdown has greatly reduced the scope of construction activity. Victorian recruitment quickly followed, with construction postings down 35% against last year\u2019s trend. Again that compares unfavourably with the rest of Australia.&nbsp;<\/p>\n\n\n\n<p>Dental, construction, education, loading &amp; stocking and beauty &amp; wellness are the five occupation groups with the largest relative gap between Victoria and the rest of Australia. Each of these five sectors has been hit hard by Victoria\u2019s second shutdown.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/GxG1y_KEr6D2OJ0AlWoMhcTnLeLgAnHgukQkCG-uwK9NR77lSlkAFHqKiFqGWhzFBOeJjsoE39XP3JrBG_rTn0HOLa1AFRCTriBhGZuaKyUAMXZc4zaKQqgBj6lk91IjOYpujfNF\" alt=\"Table showing sectors affected by Victoria's second lockdown COVID Australia Indeed\"\/><figcaption>Bar chart titled &#8220;Victoria&#8217;s second shutdown hasn&#8217;t hurt every sector.&#8221; Indeed compared the 2020 and 2019 percent gap in job postings trend across various sectors and across Victoria and the rest of Australia divided into &#8220;largest Victorian impact,&#8221; and &#8220;smallest Victoria impact.&#8221; In Victoria, job postings for dental roles were tracking 35% below the 2019 trend as of 18 September 2020. Caption added post-publication.<\/figcaption><\/figure>\n\n\n\n<p>With COVID-19 cases gradually declining, Victoria is inching towards re-opening. Some small concessions will be made towards the end of September, with more extensive re-openings planned for October and November, provided certain health goals are reached.&nbsp;<\/p>\n\n\n\n<p>That will set the stage for some improvement in Victorian recruitment, yet progress will be slow. As the rest of Australia shows, the path to recovery is a gradual one with hiring activity improving weekly but still well below normal levels.&nbsp;<\/p>\n\n\n\n<p><strong>Methodology<\/strong><\/p>\n\n\n\n<p><em>To measure the trends in job postings, we calculated the 7-day moving average of the number of AU job postings on Indeed. We index each day\u2019s 7-day moving average to 1 Feb for that year (1 Feb, 2020 = 100 for 2020 data, and so on), or another date if specified on the chart.<\/em><\/p>\n\n\n\n<p><em>We report how the trend in job postings this year differs from last year, in order to focus on the recent changes in labour market conditions due to COVID-19. For example: if job postings for a country increased 5% from 1 February, 2019, to 28 March, 2019, but fell 25% from 1 February, 2020, to 28 March, 2020, then the index would have risen from 100 to 105 in 2019 and fallen 100 to 75 in 2020. The year-to-date trend in job postings would therefore be down 29% on 28 March (75 is 29% below 105) in 2020 relative to 2019.<\/em><\/p>\n\n\n\n<p><em><em>The number of job postings on\u00a0<a href=\"http:\/\/indeed.com\/\">Indeed.com<\/a>, whether related to paid or unpaid job solicitations, is not indicative of potential revenue or earnings of Indeed, which comprises a significant percentage of the HR Technology segment of its parent company, Recruit Holdings Co., Ltd. Job posting numbers are provided for information purposes only and should not be viewed as an indicator of performance of Indeed or Recruit. Please refer to the Recruit Holdings investor relations website and regulatory filings in Japan for more detailed information on revenue generation by Recruit\u2019s HR Technology segment.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labour market conditions remain weak in Victoria, with little hope of improvement until economic restrictions are lifted. Yet that hasn\u2019t stopped recruitment picking up across the rest of Australia. <\/p>\n","protected":false},"author":41,"featured_media":11528,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[206],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[182],"class_list":["post-11523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-coronavirus","post_mwm_author-cpickering"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia\u2019s Hiring Recovery Continues Despite Victoria\u2019s Lockdown - Indeed Hiring Lab Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hiringlab.org\/au\/blog\/2020\/09\/23\/hiring-recovery-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia\u2019s Hiring Recovery Continues Despite Victoria\u2019s Lockdown - Indeed Hiring Lab Australia\" \/>\n<meta property=\"og:description\" content=\"Labour market conditions remain weak in Victoria, with little hope of improvement until economic restrictions are lifted. 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