Australia is currently experiencing a national job shortage, with many recent graduates struggling to find employment after completing their degrees.
The shortage is seeing not enough available jobs for everyone who is seeking employment, leading to high levels of unemployment and economic challenges. Entry-level jobs used to be the way for new graduates to enter the workforce but many are now requiring prior experience to break in.
According to the SEEK Employment Report from April 2023 job advertisement volumes decreased by 1.4 per cent month-on-month, with a national drop from March to April in job posts overall.
High job posting levels were seen in health care, technology and hospitality industries, but candidates were also applying in greater numbers, leaving less room for success. Applications per job ad rose 7.7 per cent and are now 72. per cent higher than March 2022.
Education and training job advertisement volumes rose for a fourth consecutive month, jumping 5.3 per cent nationally.
However, a 18.5 per cent decrease in nursing students was recorded with 33,570 individuals having applied to study nursing in Autumn, which is more than 7,600 less than for the same period in 2022.
Major state job ad trends: April 2020 to April 2023
There is high demand in the workforce for Vocational Teachers, up 13 per cent month-to-month, and Early Childhood Teachers which rose by 10 per cent.