SEEK EMPLOYMENT INDEX
 

The SEEK Employment Index developed at the CSES in collaboration with SEEK was launched in 2005 by the Hon. Kevin Andrews, Minister for Employment and Workplace Relations, SEEK Chairman James Packer and Prof. Elizabeth Harman, Vice Chancellor Victoria University.

The index is the first Australian indicator to directly compare labour market supply with labour market demand.

The SEEK indicators have been created to complement existing indicators (Australian Bureau of Statistics (ABS) and the ANZ jobs ads series), by:

• providing separate measures of trends in both the supply of and demand for labour, and hence of the changing balance between the two;
• providing flow indicators over a period (of new ads posted and of applications in response to those ads in a given month) to complement current indicators of the stock of ads or vacancies unfilled at a point in time; and
• eliminating problems of duplication and inconsistency, through the use of a single coherent data source covering a high proportion of the job market.

More information on the methodology underlying the SEEK Employment Index and access to monthly data on New Job Ads, Applications and Applications per Ad since October 2001 are available at SEEK.

Project Co-ordinator: Dr George Messinis.