Payroll Jobs Fall in Australia as Easter Holidays Impact Employment,

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According to the latest figures released by the Australian Bureau of Statistics (ABS), payroll jobs in Australia fell by 0.

April 13th, 2024.

This decline is attributed to the seasonal pattern typically observed during the Easter holiday period.

Bjorn Jarvis, ABS head of labour statistics, noted that although the decrease aligns with previous years’ trends, the overall annual growth rate for the labor market in 2023-2024 has been slower compared to the previous year when the market was particularly tight.

Comparing payroll jobs growth between Easter 2023 and Easter 2024, there was a notable decline from 6.

It’s important to consider the impact of the varying timing of Easter and school holidays, which can influence the comparison of seasonal changes in weekly figures for March and April across different years.

The report reveals that almost all industries experienced a seasonal decrease in payroll jobs during this period, with the exception of the mining sector, which saw a slight increase.

The administrative and support services, other services, accommodation and food services, wholesale trade, and education and training industries were the most affected by the decline.

Among the states and territories, Victoria, New South Wales, and Queensland had the largest percentage falls in payroll jobs, with decreases of 0.

However, it’s important to note that South Australia, which had its school holidays in the second half of April, did not experience a decline in payroll jobs during this period.

Looking ahead, the impact of school holidays later in April is expected to be reflected in next month’s release, providing a more comprehensive view of the employment situation.

As the labor market continues to navigate seasonal changes and factors such as holidays, policymakers and businesses will closely monitor these fluctuations to ensure the stability and growth of the workforce.

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