Job ads exposed by cheap foreign labour

Wednesday 31 July 2019

Via the AFR:

An ANZ insights paper released on Tuesday found job ads and vacancy measures had been going their separate ways since May last year despite a strong jobs market; the bank’s job ads index has fallen by 5.6 per cent while vacancies increased by 3 per cent.

…The ANZ paper suggested employers may be shifting from an “advertise and apply” approach to a “find and engage” one, including through recruiters and sites such as LinkedIn.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.