Australian job postings continue resurrection

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Callam Pickering, economist at global jobs site Indeed, has updated his job postings series, which has recorded further improvement.

New job postings – defined as those on Indeed AU for 7-days or less – have rebounded 167% from their mid-April low:

Total job postings are tracking 42% below last year’s trend, compared to 45% a week ago and 56% below on 20 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.