DEEWR job ads going precisely nowhere

Wednesday 25 March 2015

The Department of Employment and Education has released its monthly job ads gauge for February and it is going precisely nowhere:

Down 1.1% on the month and flat now for six months:

The spread was bad for commodity states with QLD and WA falling fast with some offset in little states:

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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.