ABS Job vacancies 57% higher than pre-COVID

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The ABS has released job vacancies for the May quarter, which shows that vacancies were 57% higher than February 2020, prior to the start of the pandemic:

Australian job vacancies

Job vacancies rocket.

According to Bjorn Jarvis, head of Labour Statistics at the ABS:

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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.