Victoria stalls job ads rebound

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Callam Pickering, senior economist at global jobs site Indeed, has updated his weekly job postings series, which illustrates how Victoria’s hard lockdown is stalling the nation’s jobs recovery.

New job ads – i.e. those on Indeed AU for seven days or less – have plummeted in Victoria since the beginning of Melbourne’s lockdown, but are rebounding elsewhere:

According to Pickering:

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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.