DEEWR vacancies rise in November

Wednesday, 21 November 2012

The DEEWR vacancy series has delivered a small reprieve after months of sliding away, up 2.5% in November:

As you can see the trend is still nasty but a welcome better month nonetheless. The state by state and occupation internals tell the tale. It’s all about the Eastern states and recovery in “sales” and “labourers” staff offsetting ongoing declines in WA:

Looks like a FIRE sector rebound, at least for the month.

Full report below.

Vacancy Report November 2012 (1)

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.