THE number of jobs advertised on the internet has hit its lowest level since late 2009.The seasonally adjusted count of internet vacancies index fell by 7347 to 191,265 in July. The fall extended a downward trend that began when the series topped out in March last year and began to fall in the response to the withdrawal of stimulus measures employed after the global financial crisis (GFC).
The figures, released by the Department of Education, Employment and Workplace relations today, show the number of job ads on the net is now down by 26 per cent from the post-GFC high of 259,284 but less then six per cent above the low point of 181,067 reached in the shadow of the crisis in May 2009.
The news from the narrower skilled internet vacancies series is no less gloomy.
July's 18-month low of 54,102 vacancies was down by 26 per cent from the after-crisis high of 73,5345 set in March 2011, but it was only only eight per cent off the subsequent low of 50,200 in November 2009.
That's about a third of the pace needed to maintain the proportion of the working-age population with a job at its current level
