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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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