Official job vacancies stabilise

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By Leith van Onselen

The Department of Employment has released its April job vacancies index, which registered a 0.4% seasonally-adjusted rebound, but a 0.2% decline in trend terms. The index was down 0.6%/0.4% (seasonally-adjusted / trend) over the year:

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Half of the states and territories recorded increases in job vacancies over the month, with half recording falls:

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And the news is mixed at the occupational level:

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Full report here.

About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.