A slight upturn in the Australian Bureau of Statistics quarterly figures for job vacancies. Total job vacancies in May 2014 were 146,100, an increase of 2.1% from February 2014. The number of job vacancies in the private sector was 135,000 in May 2014, an increase of 2.0% from February 2014. The number of job vacancies in the public sector was 11,200 in May 2014, an increase of 4.3% from February 2014.
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An analysis by Westpac also released today of new jobs created suggests Australia’s impressive jobs growth this year is somewhat undermined by details showing the gains have been concentrated to just a few sectors. New jobs are concentrated in the services, construction and real estate sectors.
There has been a stagnation in jobs created for many years outside the mining, utilities, education, health, public and business services.