Australia’s jobs market has topped out

Monday 6 August 2018

The latest indicators suggest that Australia’s jobs boom might finally be coming to an end.

First, month’s labour market report for July, released by the Australian Bureau of Statistics (ABS) revealed that annual jobs growth has retraced sharply since the beginning of the year:

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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.