Callam Pickering, economist at global jobs site Indeed, has updated his job postings data, which is now running ahead of the same time in 2019:
“Job postings in Victoria and the rest of Australia are a little above trend entering December, reflecting higher than normal Xmas hiring. A positive sign for the labour market – after so many months of below trend hiring – as 2020 draws to a close”.
The ANZ job ads series is telling a similar story:
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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.