ABS: Largest fall in job vacancies on record

Thursday, 25 June 2020

The Australian Bureau of Statistics (ABS) has released job vacancies data for the May quarter, which recorded a 43% seasonally adjusted fall in the number of vacancies over the quarter – a record drop:

The falls were biggest in Victoria (-52%) and New South Wales (-50%):

According to the ABS:

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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.