People intelligence company, Compono, has today released its inaugural monthly Australian jobs index. The report includes data from almost 40,000 Australian job ads and applications from February 2023.
Report overview:
- 38,645 Australian jobs were posted via Compono’s job posting platform in February, a 15.5% increase from January
- Leisure & sport saw the highest demand for candidates, with four jobs posted for every candidate applying
- The most competitive industry is hospitality & catering, with around 38 applicants to every open role
Industries:
Following leisure & sports, workers are also in high demand in the electronics, legal, travel and tourism, and medical and nursing industries. This is consistent with the demand across January.
Australian jobs index shows which jobs are in highest demand
| Industries where candidates are in highest demand | |
| Industry | Candidate-to-job-post-ratio |
| Leisure & Sports | 0.26 |
| Electronics | 0.41 |
| Legal | 1.36 |
| Travel & Tourism | 1.81 |
| Medical & Nursing | 2.16 |
| Accountancy | 2.42 |
| Education & Training | 2.46 |
| Accountancy (Qualified) | 2.73 |
| Property & Housing | 2.77 |
| Sales | 2.78 |
| Social Care | 3.56 |
| HR & Personnel | 3.84 |
| Pharmaceuticals | 4.05 |
| Fashion | 4.07 |
| Advertising & PR | 4.10 |
The most competitive industry for candidates is hospitality and catering, with over 38 applicants for each job posting; a slight increase from January, at around 27 candidates for each posting.
| Top 15 most competitive industries in February | |
| Industry | Candidate-to-job-post-ratio |
| Hospitality & Catering | 38.05 |
| Science & Research | 25.63 |
| Energy & Renewables | 23.68 |
| Banking | 18.28 |
| Graduate Roles | 16.67 |
| FMCG | 16.33 |
| Manufacturing & Production | 13.23 |
| Building & Construction | 13.15 |
| Automotive | 11.64 |
| Telecommunications | 11.56 |
| Call Centre & Customer Service | 10.04 |
| Engineering | 9.51 |
| Admin & Secretarial | 9.45 |
| IT | 8.37 |
| Financial Services | 8.00 |
Raife Watson, Regional Director APAC, Compono, said, “Our inaugural monthly jobs index shows that while it’s still a candidate’s market, businesses should be happy to see an uptick in the number of candidates applying for positions; particularly businesses in the hospitality and catering sector who have been struggling to find for staff for some time.
“The increasing number of applicants in the hospitality and catering sector is possibly due to decreased seasonal demand, combined with the new academic year providing a slight bump in candidate numbers.
“2023 has shown consistently high demand for candidates in the sports, electronics, tourism, legal, education and medical sectors. For job seekers looking to break into these industries, now has never been a better time.”