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Job vacancies highest since early 2012

AAP logoAAP 29/09/2016 Garry Shilson-Josling, Economist

The number of job vacancies has risen to the highest level since May 2012.

Vacancies rose by 7,700, or five per cent in seasonally adjusted terms, between May and August, according to quarterly survey data from the Australian Bureau of Statistics released on Thursday.

The number of vacancies counted in August was 177,300, the highest since May 2012.

It was still 13,800 below the recent high of 191,100 reached in late 2010 amid the economic stimulus measures following the global financial crisis that erupted in 2008.

But it was well above the low of 138,900 seen three years later as the growth-boosting measures were wound back.

Over the year to August, vacancies were up by 15,800 or 10 per cent, with NSW making up 11,300 of the increase.

By industry, government-dominated public administration, education, health care and social assistance sectors contributed the bulk of the rise.

Combined, they added 12,700 vacancies over the year, and accounted for one in four vacancies.

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