DEEWR jobs ads show weak labour market

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The Department of Education, Employment and Workplace Relations Job Vacancies index is out for September and has fallen away 0.8 on the month:

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The trend remains a shallow and vulnerable recovery but vacancies have barely climbed above their GFC low:

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Falls were widespread:

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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.