Booming industries: 5 sectors desperate for workers
A new report has revealed the top five industries looking for workers, as Australia faces a tight labour market.
According to SEEK’s 2022 Employment Market Year in Review, job ads are more than 40 per cent higher than pre-pandemic levels, despite softening 13.5 per cent from a peak in May.
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“We have seen job ads booming across all sectors, and applications per job ad failing to keep up with increasing demand,” SEEK’s managing director of Australia and New Zealand, Kendra Banks, said.
“The traditional peaks and troughs we expect throughout the year have been superseded by unprecedented demand across the board. Businesses have pivoted to try to attract the best candidates, offering higher salaries, sign-on bonuses and workplace flexibility like never before.”
According to SEEK, advertised salaries increased by 2.8 per cent from January to September 2022, with roles in insurance and superannuation and trades and services growing the fastest. Across Australia, advertised salaries in Tasmania and the Northern Territory had the most growth.
To attract new workers, employers have also been offering sign-on bonuses and flexible working arrangements. There was a 264 per cent increase in references to sign-on bonuses in 2022 compared to 2021, SEEK found, and 11 times more references to ‘work from home’ from 2019 to 2022.
The largest increase in work-from-home roles were in the public and professional services, which had a 1,070 per cent growth in job ads offering this option.
5 booming industries
The report identified five in-demand industries where job ads more than doubled from May 2019 to May 2022 (when job ads peaked).
These were the top five industries for job ad growth from 2019 to 2022:
Hospitality and tourism - 170.1 per cent
Community services and development - 121.8 per cent
Manufacturing, transport and logistics - 107.8 per cent
Retail and consumer products - 107.2 per cent
Farming, animals and conservation - 104.9 per cent
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