Australian Economy

Sydney bubble holds-up nation’s job vacancies

Leith van Onselen
Thursday, 30 June 2016
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By Leith van Onselen

The Australian Bureau of Statistics (ABS) has released job vacancies data for the May quarter, which recorded a 1.9% seasonally adjusted decrease over the quarter, but a 0.9% rise in trend terms:

ScreenHunter_13799 Jun. 30 12.00

Over the year, job vacancies rose by 8.1% in seasonally adjusted terms and by 9.6% in trend terms.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.