Australian Bureau of Statistics
1301.0 - Year Book Australia, 2003
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 24/01/2003
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Job vacancy statistics can be used to assess changes in the demand for labour. The ABS conducts a quarterly Job Vacancies Survey. In this survey, a job vacancy is defined as a job available for immediate filling on the survey reference day and for which recruitment action has been taken by the employer. Recruitment action includes efforts to fill the vacancy by advertising, posting factory notices, notifying public or private employment agencies or trade unions, and contacting, interviewing or selecting applicants already registered with the business.
6.23 JOB VACANCIES: Trend estimates
Table 6.24 shows that the number of job vacancies (original estimates) increased from 83,400 in May 2001 to 88,800 in May 2002. The overall increase in job vacancies of 5,400 was spread unevenly across the industries, with eight industries recording a decrease, six recording an increase, and two remaining unchanged. The largest increases occurred in Construction (by 4,400), Retail trade (by 3,500) and Manufacturing (by 1,600). The largest decreases were recorded in Wholesale trade (by 2,200), Finance and insurance (by 1,200) and Cultural and recreational services (by 1,100).
The job vacancy rate is the number of job vacancies expressed as a percentage of the number of employees plus the number of vacancies. The job vacancy rate for Australia was 1.16% in May 2002, compared to 1.10% in May 2001 and 1.36% in May 2000 (table 6.25). The job vacancy rate varied considerably across the states and territories in May 2002, with the Australian Capital Territory recording the highest job vacancy rate (1.97%) and Queensland the lowest (0.74%). Western Australia recorded the largest increase between May 2001 and May 2002 (0.89% to 1.24%), while Queensland recorded the largest decrease (1.03% to 0.74%).
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