Indeed expects job seeker surge at the beginning of the 2018
Indeed expects January and February to produce an almost three-fold increase in the number of job seekers looking for work in Australia off the back of the annual Christmas-New Year lull period.
Each year from early January, Indeed sees a significant spike in job search activity over its platform as job seekers hit the ground running.
Indeed’s latest full year data shows that from 1st December (2016) the number of weekly job searches over its platform fell from around 4.8m to just two million in the week leading to Christmas before surging rapidly from early January (2017) to reach almost 6m by the end of January. This level remained constant through to Easter and Indeed expects the trend to be repeated in 2018 based on current activity levels.
The January ramp up in job seeker interest includes school leavers and university graduates looking to enter the workforce full-time after the Christmas break.
The surge in job seeker interest makes January and February an ideal time for employers to hire. While September to November is considered the peak hiring time in Australia overall, Indeed data shows that retail job posts tend to peak in January while sales positions peak through January and February. Last year January as well as April proved the most popular months for employers looking to fill managerial positions.
Indeed’s managing director Australia-New Zealand, Chris McDonald, said there was enormous enthusiasm in Australia from job seekers during January-February which presented a great opportunity for those employers who were quick out of the blocks in 2018.
He commented, “The start of the year is a logical time for people to be in the job market often the result of a new year’s resolution to find a better paid position or something more rewarding that provides greater levels of job satisfaction.
“It is also a time when many new graduates are entering the job market full-time and this presents employers with an opportunity to recruit new talent which can add energy to your business.”
McDonald said more employers should be following the lead of job seekers during this time of the year and striking while the iron is hot, particularly for those positions that proved typically hard to fill.
The Australian labour market enjoyed a remarkable run through 2017, with employment increasing by 371,000 jobs while the unemployment rate fell to an almost five year low with Indeed expecting similar trends this year.
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