2023 has already proven that the hunt for talent is real, and highly competitive. This noticeable shift from previous years, has left many Australians and their businesses in a pickle with their resourcing needs not being met. Understanding the reasoning for this shift in the recruitment landscape is crucial in developing and re-thinking resourcing strategy for 2023.
Recent recruitment statistics illustrate why over the past year, finding the right talent has become more difficult than ever. According to the latest data from the Australian Bureau of Statistics, the recruitment industry in Australia has seen a significant shift in the past year. Comparing data from 2021 to 2022, there has been a notable increase in the number of job vacancies and a decrease in the unemployment rate.
In 2021, the number of job vacancies in Australia was recorded at around 200,000. However, in 2022, this number increased to 250,000, representing a 25% increase in job opportunities. This can be attributed to the improving economic conditions in the country, as well as the government’s efforts to support job creation.
Additionally, the unemployment rate in Australia has been on a steady decline since 2021, dropping from 5.6% in January 2021 to 5.1% in December 2022. This is good news for the economy and businesses, as it means that more people are finding employment and contributing to the growth of the economy. This data also indicates there are more job opportunities available, which is further good news for those looking for work. However, for businesses, it also means that the competition for top talent is becoming increasingly fierce.
In light of these trends, it is important for businesses to take advantage of the current job market by standing out from the crowd and using the services of a reputable recruitment agency. APSG, Brisbane’s recruitment agency, is well-positioned to help businesses find the talent they need to succeed in 2023. We understand the business needs and provide them with the right talent to support their growth and expansion. With our deep understanding of the recruitment process and our extensive network of candidates, we can connect businesses with the right people to help them achieve their goals.
The APSG process prioritizes candidate experience, by providing clear communication, setting expectations, giving feedback, being sensitive to candidate’s needs and providing guidance throughout the recruitment process. This helps ensure that the candidates we provide to businesses are not only qualified, but also a good fit for the company and its culture. This high-quality service is all part and parcel of the standards that APSG lives out from our core values and pillars. Through exemplifying these core values, at APSG we boldly establish ourselves as an industry disruptor, aiming to become an industry thought leader.
Ultimately, the data from 2021 and 2022 shows that the recruitment industry in Australia is changing, meaning businesses require a different approach in their resourcing needs. With more job vacancies and a decreasing unemployment rate, there are more opportunities for businesses to find the talent they need to succeed. To take advantage of this, businesses should consider using the services of a reputable recruitment agency like APSG who already account for the changes in recruitment. For a better talent acquisition experience, try APSG, Brisbane recruitment agency that offers a different style of recruitment.
For a better talent acquisition experience, try APSG, Brisbane recruitment agency that offers a different style of recruitment.
THE AUTHOR
Brigid Hanson
Business Manager – Australian Project Solutions Group
