Australian Economy

Biggest surge in job ads in 23 years

Leith van Onselen
Wednesday, 10 November 2021
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From SEEK

OVERVIEW OF OCTOBER 2021:

STATE OF THE NATION:

  • Highest number of job ads posted in a month in SEEK’s 23+ year history.
  • SEEK job ads jumped 10.2% month-on-month (m/m).
  • SEEK job ads were up by 63.2% in October 2021 year-on-year (y/y) and were up 44.0% compared to October 2019.
  • Applications per job ad declined by 5.4% m/m.

STATE OF THE STATES:

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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.