Job Market Demand: Oct 2013

The Job Market

It’s a small world after all

I have a theory and a statement to make: Social Media is cannibalizing my job numbers. Excuse me? Please explain.

LinkedIn, Twitter, Facebook and the like have taken away jobs numbers from online job search engines (such as Seek which I use here).

Here’s what I see is happening:

  1. A job requirement comes about
  2. HR and/or an agent is designated to source candidates
  3. HR and/or the agent and/or the business (the source of the requirement in point 1) use their network – e.g. Social Media and/or old school calling – to source candidates
  4. Depending on what happens:
    • the job ad might be pulled out of Seek sooner than expected
    • or much worse, it might not even make it in Seek at all

I’ve seen a lot of decision makers go directly to LinkedIn and advertise a job with a stamp of ‘no recruiters please‘. I take that as one less job count in my Seek stats. The world has effectively grown smaller.

Even with the drop-off, I’ll still use these numbers as a general indicator for job market health. So without further ado, here are the job numbers for projects using the filter Work Type = “contract/temp” in Seek.

The Job Numbers: Contracts Oct 13

So what’s going on at this point in time? Well, the numbers are down and that should come as no surprise. And despite my complaints above social media cannibalizing my numbers, the truth of the matter is, we’re not hiring. We’re not hiring because there is no growth (or if there is, there are only small pockets here and there).

How is the contract market treating each project resource these days? Here’s the graph:

And now the raw numbers ‘By Role’:

At this point, it is equally important to present how Sydney, Melbourne and Other cities are going. The below is coloured-coded as follows:

  • Sydney in blue
  • Melbourne in red
  • Other cities in orange

And just like in my past job market posts, ‘Other’ represents the numbers for Brisbane, Perth, Adelaide and Canberra.

Just note that when digesting the information in the graphs above, the values on the y axis.  For example, Developers graph above has a Sydney start point at 27.5 and Melbourne start point of 16.   

If you can’t see the graphs, then it could be your browser.  I’m using Chrome Version 30.0.1599.101 m and have tested the graphs successfully in the latest IE and Firefox versions. But of course this is the latest at this point in time and may be out of sync if you read this at some point in the future.

Side note: I feel for all the web developers out there who have to keep their apps in lockstep with the latest – what a horrible dilemma!

Until the next JMD, good luck out there!


3 thoughts on “Job Market Demand: Oct 2013

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