If you are a recruiter, the best way to make sense of the national unemployment rate, which currently sits at 5.3%, is to ignore it. Well, not really. But the real meat of the unemployment story lies in regional data. Broken down by states, Tasmania and NSW lead the nation in unemployment numbers, while employers in states like NT and ACT are likely to struggle with recruiting the right staff (Refer chart. Source: ABS).

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Across the nation 14,600 new jobs were created in August, and unemployment rate hits a low figure of 4.1%. 

While encouraging, national figures matter little (or have no relevance) to local employers. Take the case of vacancies in the IT sector (see graph).  Queensland employers are least perturbed by talks of a dip in demand for IT professionals nationally. Meanwhile, companies in WA are burdened by a jobless rate dropping to a low 2.8%. 

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Recruitment is local, amongst other things, shaped by regional economic conditions, supply of labour and the reluctance of a job seeker to seek employment far from home. It is more than likely, talent solution providers with a sharp focus on meeting local needs will thrive.

Capitaljobs.com.au is a niche job board dedicated to serving employers in the Canberra and Illawara region. We recently caught up with Clayton Wehner, Managing Director, and he sheds some light on the challenges faced by regional employers, skills shortage, talent and the modus operandi of Capitaljobs.  Read more...