Skilled vacancies rise

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The DEEWR Skilled Vacancy report is out shows a bit of relief with a 5.4% rise in December, though the trend continued to fall:

This is some welcome relief for a jobs market that’s seen all marginal indicators under pressure since mid year. Jobs rose in all states but the two speeds are still very much apparent:

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Here are the sectors most under pressure:

Construction? This “mining boom” really needs a new name.

Vacancy Report December 2011

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.