Australian Economy

Is the labour market leapfrogging JobKeeper rolloff?

Leith van Onselen
Tuesday, 4 May 2021
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ANZ has released its job ads report for April, which posted a 4.7% month-on-month rise in April, suggesting the labour market is well placed to absorb the ending of the JobKeeper wage subsidy.

ANZ job ads

Job ads are booming, signalling further declines in Australia’s unemployment rate.

According to ANZ:

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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.