JOB VACANCIES UP - ABS

Written on the 17 January 2011

JOB VACANCIES UP - ABS

TOTAL job vacancies for the 2010 November quarter were up by 5.3 per cent in Australia according to data released today by the Australian Bureau of Statistics (ABS).

Vacancies were 190,200, an increase of 5.3% from August 2010. The private sector jumped 5.5 per cent, while the public sector delivered a 4 per cent increase. In the previous period, the private sector showed a 5.7 per cent increase, while public services registered a 2.6 per cent lift.

In Queensland an increase of 33.9 per cent was recorded against the corresponding quarter in 2009 for both the public and private sectors – or 11.0 per cent on the corresponding quarter.

Industry breakdown NOV ’09 (%) NOV ‘10 (%)
Mining
Manufacturing
Electricity, gas, water and waste services
Construction
Wholesale trade
Retail trade
Accommodation and food services
Transport, postal and warehousing
Information media and telecommunications
Financial and insurance services
Rental, hiring and real estate services
Professional, scientific and technical services
Administrative and support services
Public administration and safety
Education and training
Health care and social assistance
Arts and recreation services
Other services
4.1
9.8
0.6
11.8
*9.0
13.4
18.1
*5.9
2.2
10.2
*3.6
14.8
14.6
9.1
3.4
12.9
1.3
*6.1
7.7
12.7
0.9
12.0
9.6
20.5
17.5
*9.5
1.9
8.1
*4.5
18.6
31.8
8.8
3.7
16.7
*3.2
*5.9

* Estimate has a relative standard error of 25% to 50% and should be used with caution

Housing finance up 2.5 per cent

The ABS also released statistics that indicates housing-finance approvals in Australia rose a seasonally adjusted 2.5 per cent last November, compared with October. Economists surveyed ahead of the announcement on average had expected a fall of 1 per cent in November.

Trend estimates for the number of housing-finance approvals, rose 1.1 per cent in November from October. The number of finance approvals to build houses rose a seasonally adjusted 2.7 per cent in November from October and the number of approvals to buy newly built houses rose 9.7 per cent. The number of approvals for the purchase of established houses increased just 2 per cent.


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