Job Listings Decline in Australia

In October, the number of job advertisements in Australia showed a decline compared to the previous month. According to the Labor Market Information Portal (LMIP), seasonally adjusted job advertisements decreased by 2.3% or 5,300 ads, bringing the total to 226,500. Despite this decrease, the number of open positions remains high, with approximately 30% more job ads currently available compared to the monthly average of 2019. When compared to the same month last year, job advertisements in October were down by 13.0% or 33,900.