DEEWR job ads resume falling

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The DEEWR job ads series is out for September and resumed falls, down 1% for the month. DEEWR warns again that:

Please note, last month the Internet Vacancy Index (IVI) series was affected by MyCareer’s move to free job advertising from 1 July. This had a noticeable impact on the series in July 2013, and is likely to have influenced the IVI in August 2013 also, albeit to a much smaller degree. The impact is likely to vary by occupation, State and region. For this reason, the monthly change in vacancies recorded for August 2013 should be used with caution. The Department of Employment recommends using annual changes in trend data as a more reliable indicator of trends in job advertising.

The tapering off of job ad falls appears to have been largely a response to the above:

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Vacancy Report September 2013.doc by Lauren Frazier

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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.