Demand for workers remains subdued with the number of job advertisements on the internet having fallen for a third straight month.
If you’re looking for a job in sales you might consider another career path.
But even then you might have trouble finding a new job.
That’s because the number of jobs advertised on the internet fell by a seasonally-adjusted 3.6 per cent in May.
Ads for the eight occupational groups monitored by the federal Department of Employment all fell in the month, with sales workers showing the largest decline, down 5.3 per cent.
In trend terms internet jobs ads have now fallen for three months in a row, having earlier shown signs of stability.
It’s an indication that labour demand right now is subdued.
Job ads are nearly 60 per cent below their March 2008 peak.
The number of online vacancies has shifted towards non-mining states during the past year as the resources investment boom fades.
NSW has been the main beneficiary of the shift, where jobs ads have risen 6.3 per cent over the year.
In Western Australia (-17.3 per cent) and Queensland (10.5 per cent) job ads tumbled.
The ACT suffered a 16.4 per cent drop reflecting the anticipated cuts to the public service in the May budget.
Recent national labour force data showed that more than 100,000 full-time jobs have been created in the first five months of the year.
That’s helped keep the unemployment rate at 5.8 per cent for three straight months.