DEEWR job vacancies fall sharply

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The Department of Education, Employment and Workplace Relations internet job vacancies index is out and sagged in February:

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The trend is still bottoming at least:

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But the falls were widespread across states and industries:

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This contradicts the better data in the ANZ series but both appear to be bouncing along the bottom so it’s probably noise.

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.