Job listings halve

Friday 17 April 2020

Economist Callam Pickering, at global jobs site Indeed,has updated his job listings data, which has shown further deterioration, with job ads now down 52% since the same time last year:

This, of course, follows yesterday’s report from Seek, which also showed a collapse in new job ad volumes, alongside plummeting confidence about job security:

All signs are pointing to a big labour market bust.

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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.