SEEK: Melbourne shutdown slams job ads

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From Seek:

Key insights (weeks 29 & 30 compared to February 2020):

  • SEEK job ads in the last fortnight are at 68.9% of pre-COVID levels
  • Job ad volumes continue to recover in most states and territories with a slight increase of 0.9% in the last two weeks compared to the previous two weeks
  • Job ads in Victoria have declined 6.4% in the last two weeks compared to the previous fortnight and are currently sitting at 50.3% of pre-COVID levels
  • Consumer Services in Victoria has been hit the hardest with a decline from 24% of total job ads in week 26 to 17% in last fortnight
  • Professional Services is the slowest to recover across the rest of Australia

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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.