Advertisement
The Australian Bureau of Statistics (ABS) has released job vacancies data for the August quarter, which recorded a 59% seasonally adjusted rebound in the number of vacancies over the quarter – recovering most of May’s record fall:
However, job vacancies remained 8.0% lower year-on-year, with private sector vacancies down 8.2% and public sector vacancies down 6.8%.
All jurisdictions experienced a strong bounce in vacancies:
Advertisement
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.
Advertisement