Careers24 releases latest job market stats

In Current Affairs, South Africa
Marc-Privett_Careers24-768x512

Educated twenty-something South Africans seem to hold the cards when it comes to employer selection, despite a constricted job market. This is seen in Careers24’s third quarter stats released this week.

Says Marc Privett, Head of Product and Customer Insights at Careers24: “The activity on our platform clearly shows that young, educated and upwardly mobile job seekers are doing more and more research on the companies they want to work for. In fact, one of the more popular employers was viewed more than 150 000 times in the last quarter. If anything, this shows that the market is slowly changing to one where new job seekers would rather work for a company which suits them.”

The stats show that the most active user can be either male or female (the gender split is very even), is most likely to be a black South African (65%), living in Gauteng (45%), with a tertiary qualification (59%), and is between the age of 21 – 30 (60%).

Another notable trend highlighted by the stats is that the third quarter of the year was an industrious one, as is traditionally the case. Jobs were viewed a total of 8,2 million times on Careers24 within the quarter and the site signed up more than 100 000 new job seekers. However, only slightly more than 70 000 new jobs were listed during the same period, showing that the demand for jobs still outnumbers the available jobs.

This decline is in line with Statistics South Africa’s findings in their Q2 Quarterly Employment Survey. The survey results show a decline of 34 000 jobs (or -0.4%) to 9 617 000 for the second quarter of 2017, specifically in the formal non-agricultural sector.

On the recruitment side, when comparing 2016 and 2017’s most in-demand sectors (those with more than 1000 jobs posted on a monthly basis), a few trends were noteworthy. IT remained the number one field in terms of available jobs, while engineers continue to be in high-demand.

2017 VS 2016
IT IT
Technology Sales
Sales Finance
Engineering Engineering
Finance Medical
Accounting Accounting
Medical Marketing
Admin Admin
Retail Management
Banking Retail

Certain sectors showed promising growth in terms of job posts with Finance and Academics showing a 57% and 54% growth respectively. Below are the ten sectors that showed the most growth compared to the same time last year:

Finance 57%
Academic 54%
Call Centre 41%
Management 41%
Health Fitness & Beauty 37%
Sales 34%
Marketing 32%
Procurement 30%
Graduate 28%
Media 27%

The data is based on usage patterns of both recruiters sourcing candidates and candidates who apply for positions on the platform.

Visit Careers24 at www.careers24.com or follow @Careers24Jobs on Twitter and like the Careers24 Facebook page, https://www.facebook.com/Careers24.

Author: Keri Roos from MANGO-OMC.
More Info link: http://www.careers24.com/

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