DEEWR job vacancies jump in January

David Llewellyn-Smith

Wednesday 19 February 2014

Some better news for the labour market this morning with the DEEWR Job Vacancies series popping 7.6% in January:

Still at the bottom:

But the bounce was broad based:

I would not be surprised to see some improved flow of labour market metrics in the first half. Falls in leading indicators have slowed. The test will come in the second half as the capex cliff drops away. Full report here.

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.