New job postings collapse some more

Tuesday 7 April 2020

Callam Pickering, economist at global job site Indeed, has updated his new job postings charts, which provide the most timely measure of the underlying strength of Australia’s labour market.

According to Pickering, new job advertisements, defined as job postings less than 14 days old, are now running 57% below last years levels:

This is a sharp deterioration from the 50% reported yesterday.

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

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.