SEEK May job ads fall sharply

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Courtesy of ANZ, SEEK also published its internet job ads data for May today. The number of new job ads declined 3.2% m/m (Figure 6). The number of new job ads has, unsurprisingly, weakened particularly sharply in WA (Figure 7).

FIGURE 6: MEASURES OF JOB ADS AND VACANCIES

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FIGURE 7: SEEK NEW INTERNET JOB ADS BY STATE

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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.