Total job vacancies in May 2020 were 129,100, a decrease of 43.2% from February 2020.
The number of job vacancies in the private sector was 111,200 in May 2020, a decrease of 45.0% from February 2020.
The number of job vacancies in the public sector was 17,900 in May 2020, a decrease of 28.9% from February 2020.
Perspective from Callum Pickering:
The number of unemployed people per job vacancy rose to 7.2 people in the May quarter – from 3.1 people earlier in the year – and up to 20 people per vacancy when we include the underemployed #ausbiz@IndeedAUpic.twitter.com/VT7Po23UXH
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.
