Australian job ads continue to improve

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Callam Pickering, economist at global jobs site Indeed, has release his weekly job postings update, which shows that new job postings – i.e. those on Indeed AU for seven days or less – are now tracking only 14% below their pre-COVID level:

A month ago, new job postings were tracking 46% lower.

Moreover, total job postings on Indeed are now tracking 39% below last year’s trend. A month ago the gap was 50%:

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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.