DEEWR job vacancies continue to fall

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The roll over in marginal indicators continues with the DEEWR job vacancies for March down another -1.5%:

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The falls are broad based for states and occupations. The chart is forming a new downtrend:

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The bed pan economy continues to power:

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And the heat map (or perhaps”chill map”) shows it’s all about cities:

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Expect light blue to contract more and more to two small spots in the south east. Full report.

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.