Job Vacancies, Australia, February 2022 – Australian Bureau of Statistics

Results of the quarterly Job Vacancies Survey containing estimates of job vacancies classified by industry, sector and state/territory.
Seasonally adjusted estimates for February 2022:
In the May 2020 Job Vacancies release, the ABS changed the method used to produce seasonally adjusted estimates from the ‘concurrent’ method to the ‘forward factors’ method. The forward factors approach is better suited to managing large movements at the end point of series and ensures that large movements do not have a disproportionate influence on the seasonal factors. The forward factors approach is not considered suitable for series with a non-seasonal span, and the concurrent adjustment method continued to be used for these series.
Given the large movements in the labour market during the COVID-19 period and the continuing use of a forward factors approach to seasonal adjustment, the ABS undertook an extensive annual review of its seasonally adjusted job vacancies series, prior to the release of the May 2021 estimates. Static forward factors for the next 12 months were calculated through this annual process and were used from the May 2021 release.
For further information on seasonal adjustment during a period of uncertainty please see: Seasonal adjustment throughout periods of significant disruption and uncertainty | Australian Bureau of Statistics (abs.gov.au).
Since May 2020, trend estimates have been suspended for all job vacancies series. The reinstatement of trend series will be reviewed in future cycles.
Responses for the Job Vacancies Survey February 2022 quarter remained high. The ABS would like to thank the Australian business community for their continued support in responding to our surveys during such a challenging time, given how critically important this information is.
In addition to Job Vacancies, there are a number of non-ABS indicators that measure labour demand using alternative concepts, sources and methods. These are also widely used as leading indicators of employment. Prominent examples include the ANZ Job Advertisement Series, the SEEK Employment Report, and the National Skills Commission’s Internet Vacancy Index. 
Measures of job vacancies and job advertisements will differ for a number of reasons. One of the key differences is that job vacancies includes jobs for which job advertisements are undertaken but also include jobs where other recruitment approaches are exclusively used, such as word of mouth or social media. According to the National Skills Commission’s Recruitment Experiences and Outlook Survey, 22 per cent of jobs are not advertised (i.e. recruitment is done through word of mouth alone or by considering people who approach the business). For further details on recruitment practices, please see the Employers’ Recruitment Insights.
Furthermore, job vacancies count every position advertised within a single notice, while some job advertisements may be used to fill multiple positions. 
Job vacancies increased by 6.9% (27,300 vacancies) in the three months to February 2022 (seasonally adjusted). The estimates captured a point in time after the initial peak of the Omicron wave but when there was still considerable disruption in the labour market.
The level of job vacancies in February 2022 was 86% higher than in February 2020, prior to the start of the pandemic. The ongoing high level of vacancies reflects the pace of recovery in labour demand from the fall in May 2020, as well as businesses across the economy indicating labour shortages and ongoing disruptions to operations.
The Job Vacancies Survey was suspended between August 2008 to August 2009 (inclusive). 
The number of businesses reporting at least one vacancy shows the extent of the acute reduction in labour demand in May 2020, as well as the subsequent change since then. In May 2020, a much lower proportion of businesses reported at least one vacancy (6.5%). By February 2022, this had increased to 23.5% of businesses, after a slight fall in August 2021.
Businesses may have multiple reasons for reporting job vacancies
Proportions are of businesses that reported at least one vacancy
All figures are original
Trend estimates have been suspended from May 2020 for all job vacancies series due to the impact of the COVID-19 pandemic on the labour market.
The thematic groupings and navigation for labour statistics on the ABS website have been updated to better reflect the current range of available labour statistics, better align key labour market concepts with website themes and navigation, and improve discoverability. 
The changes were implemented on the ABS website on Friday 25 March 2022.
The new themes are:
The key changes to the current ‘Employment and unemployment’ and ‘Earnings and work hours’ themes include:
While these changes resulted in a change to the placement of some statistical releases, and some URLs, there are automatic redirects in place. These redirects ensure that existing URLs and bookmarks will continue to work.
This release previously used catalogue number 6354.0.
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