Job ads rocket above pre-COVID level

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Two surveys have been released showing that the number of job ads across Australia are now running well ahead of pre-COVID levels.

First, the latest SEEK Employment Report shows that job ads increased by 12.4% year-on-year in February following four consecutive monthly rises.

Moreover, for the first time since the pandemic began, every state and territory saw year-on-year job ads growth (see below table).

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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.
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