I know, I know, the accelerating down trend and falling seasonally adjusted results are meaningless in Australia’s job market, which powers ahead even as vacancies head quickly for the GFC low. But as your editor I must still report that DEEWR Skilled Vacancies tanked again in August, down another 3.7%.
The losses are now widespread across states and occupations:
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Most pointed is that the growth in boom sectors like engineering is easing too.
That’s five straight months of falls. This data is indicating that unemployment is going to rise.
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