Skilled vacancies tank in April

Wednesday 23 May 2012

So, more data confirmation of the April freeze. DEEWR Skilled Vacancies is out for that month and is down 7% in seasonally adjusted terms (trend down 0.8%):

The internals aren’t pretty either with wall to wall declines in sectors and states:

I am officially worried.

Vacancy Report May 2012

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.