Callam Pickering, economist at global jobs site Indeed, has updated his job ad series, which suggests the Australian labour market is slowly climbing off the canvass.
According to Pickering, new job ads – defined as those on Indeed 7-days or less – have actually climbed 73% from their low about three weeks ago; albeit they still remain way below normal levels:
Accordingly, total job postings has improved marginally to being 53% below the same time last year:
The worst hit areas include such industries as sports, childcare, hospitality & tourism, and beauty & wellness:
Meanwhile, job postings in some industries are bouncing back whereas others continue to worsen:
Finally, Australia has recorded the third worst decline in job postings compared to the previous year:
But at least it is on the mend as some other nations continue to go backwards.
