Australia’s jobs rebound stalls

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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 – have stalled:

As shown above, new job postings are tracking 17% below the same time last year, but have worsened from 14% a week ago.

However, total job postings on Indeed are now tracking 36% below last year’s trend, an improvement from 39% a week ago and 46% a month ago:

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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.