SEEK‘s latest job report reveals every Australian industry is experiencing growth with new job ads increased by 16.5 percent compared with the same period last year. The Mining, Resources & Energy sectors are experiencing enormous growth reporting a 62 per cent increase in job ads compared to April 2017.
Community Services & Development have also seen a 49 per cent increase year on year growth making the healthcare sector Australia’s biggest employer, and it is getting even bigger. Healthcare accounts for 13.7 per cent of the entire workforce (as of February 2018).
Kendra Banks Managing Director at SEEK ANZ predicts the growth in the Community Service and Health sector will only increase further given Australia’s aging population.
“The strong growth in Community Services is driven mainly by aged and disability support workers, who are in high demand across Australia. This is thanks in part to Australia’s ageing population, but also the country-wide roll out of the National Disability Insurance Scheme (NDIS) which has had a positive impact on job ad growth over the past two years,” Banks offers.
Economists at Goldman Sachs estimate that around 50,000 jobs were created as a result of the NDIS in 2017, and another 100,000 may be expected by 2020.
SEEK’s data also suggests HR Recruitment and Consulting and Strategy are also experiencing growth.
SEEK job ad YoY growth, April 2018 vs April 2017
“As one of the sectors driving overall employment growth in Australia, the Healthcare industry recorded a 19 per cent year on year growth in April and saw more than 2,000 more new job ads than at the same time last year. There are a real variety of roles within both healthcare and community services that are experiencing significant growth thanks to our aging population, as well as the rise of chronic diseases which require on-going healthcare management and support.”
“Victoria leads the way when it comes to the biggest increase in the share of regional healthcare opportunities over the past six years,” Banks said.
“In 2012, just 12 per cent of healthcare job ads in Victoria were in regional areas, while current figures for 2018 show that this is now 22 per cent – equating to a 78 per cent increase over that period,”Banks concluded.