Mining sector third strongest contributor on job market

Online jobs portal SEEK has released its July employment report, which indicated the mining, resources and energy sector is the employment market’s third strongest growth contributor with an increase of 10.3 per cent.

This continues a trend of fast growth for employment advertisements in the sector since August 2017, with a 29 per cent increase over this time.

However, there has been a decrease of 7.7 per cent in the number of jobs they have advertised when compared to how many jobs were available in June 2018. Despite this, Australia’s average advertised salary has risen by 2.7 per cent year on year.

Most Australian states and territories have shown a decrease in job ad volume. However, Tasmania and the Australian Capital Territory’s job ad volume has increased by 5.3 per cent and 0.9 per cent respectively.

Despite this growing tread, the Queensland resources sector has put downward pressure on the state’s increasing unemployment rate with over 1300 vacancies being currently advertised, emphasising how important mining is to Queensland’s resource sector.

Queensland Resources Council chief executive Ian Macfarlane said Queensland’s trend unemployment rate increased by 0.1 per cent to 6.3 per cent.

Despite being a two-year high, this is considered to be a disappointing figure. However, the resources sector has been offering hundreds of employment opportunities across the state.

“Already we know unemployment rates in mining regions are well below the state average,” Macfarlane commented. “Mackay-Isaac-Whitsunday is below 5.

“Resource sector employers are currently advertising 1360 positions across Queensland in resources, mining and energy on seek.com.au.”

Macfarlane stated that 980 of those advertised jobs pay over $100,000 per annum.

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