Top 3 Industries On The Rise
Community Services & Development led as the fastest-growing industry according to SEEK (www.seek.com.au) with 8.7% year-on-year growth in 2019. National Australia Bank (NAB) Economist Kaixin Owyong says this is due to momentum in the National Disability Insurance Scheme (NDIS), which is creating fresh demand for talent.
The Healthcare & Medical industry came in second place with year-on-year growth of 7.8%. “The increase is largely due to growing demands of the aging population,” Owyong says.
The Mining, Resources & Energy industry came in third place, largely due to the upturn in mining in 2019. Job seekers in this sector saw a 4.5% increase in opportunities on SEEK compared to 2018.
Specialisations on the rise:
- Risk Consulting in the Insurance & Superannuation industry was the fastest-growing specialisation on SEEK in 2019 – it grew by 54.1% year-on-year, which is likely due to the aftermath of the Hayne Royal Commission, which put a spotlight on risk in the financial services sector.
- The speech therapy specialisation came in second with a 53.8% year-on-year lift.
- Healthcare was also home to the third fastest-growing specialisation – Residents & Registrars. Job ads for this role rose by 37.2% year-on-year. “Population growth is putting pressure on hospitals, and this is leading to greater demand for these roles,” Owyong says.
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