No v-shaped recovery for DEEWR job vacancies

Wednesday, 23 April 2014

The Department of Employment and Education (DEEWR) has released its March job vacancies index and the news is pretty average, falling 2.6%:

There is only stabilisation, no recovery:

It’s broad based weakness by state:

And occupation:

Those expecting a sharp jobs recovery are very likely going to be disappointed.

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.