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The Australian Government has issued its Jobs Report for February

The Australian Government has issued its Jobs Report for February

Key Points

The Internet Vacancy Index (IVI) decreased by 0.7% in January 2013 in trend terms and is at its lowest level since the series began in January 2006. By contrast, in seasonally adjusted terms, the IVI increased by 2.0% over the month.

Over the year in trend terms, the IVI has fallen by 23.2%, with declines recorded in all states and territories, the strongest being in Queensland (down by 32.6%), followed by South Australia (28.5%) and Western Australia (28.0%).

The Regional IVI (three month moving average), declined in 37 of the 38 regions over the year to January 2013, and increased marginally in the Blue Mountains (up by 1.7%). The strongest falls were recorded in South West WA (down by 44.4%) and Central Queensland (41.4%).

 Trend Summary

Monthly Change

? Decreased by 0.7% to 65.5 (Jan 2006 100), the lowest level since the series began in January 2006

? Declined in all eight occupational groups

? The strongest falls were recorded for Professionals (down by 1.8%), and Sales Workers (1.1%)

? Decreased in all states and territories

Annual Change

? Declined by 23.2%

? Decreased in all eight occupational groups

? The strongest falls were recorded for Technicians and Trades Workers (28.4%) and Machinery Operators and Drivers (26.7%)

? Decreased in all states and territories

(168,300 vacancies)

 Seasonally Adjusted Summary

Monthly Change

? Increased by 2.0% to 66.7 (Jan 2006 100)

? Increased in seven of the eight occupational groups

? The strongest rises were recorded for Clerical and Administrative Workers (up by 5.0%), and Professionals (3.0%)

? Increased in five states and the ACT

Annual Change

? Declined by 22.0%

? Declined in all eight occupational groups

? The strongest falls were recorded for Technicians and Trades Workers (down by 26.8%), followed by Machinery Operators and Drivers (25.8%)

? Decreased in all states and territories

(170,100 vacancies)

Internet Vacancy Index – Trend Series

In trend terms, the Internet Vacancy Index (IVI) decreased by 0.7% in January 2013 and has declined by 23.2% over the year, to stand at its lowest level since the series began in January 2006. Despite this decline, there were still around 168,300 newly lodged vacancies advertised over the month of January 2013.

Over the year to January 2013, vacancies fell in all states and territories, with the strongest decrease recorded in Queensland (down by 32.6%).

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