Seek new job ads rebound 40% from lows

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From Seek:

Key insights (weeks 20 & 21 compared to April 2020):

  • New job ads posted on SEEK during the fortnight ended 24 May are up 39.7% compared to April 2020. This is a further uplift from 26.8% In the previous two weeks.
  • The biggest contributors to job ad growth are Trades & Services, Hospitality & Tourism, Healthcare & Medical, Administration and Office Support and Education & Training All states are showing an increase in job ad activity
  • Tasmania (58.8%), Queensland (55.4%) and South Australia (51.8%) showing the largest job ad growth in the fortnight ended 24 May.
  • Roles within Consumer Services continuing to grow, up by 123.9% compared to April

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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.