SEEK jobs ads show incredibly tight labour market

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SEEK has released its June Employment Report, which shows that applications per job ad continue to track near historical lows:

STATE OF THE NATION: HIGH JOB AD VOLUMES CONTINUE WITH APPLICATIONS PER JOB AD STILL LOW

The latest SEEK Employment Report shows job ad levels remain high with a 23.7% increase when compared to June 2019. Month-on-month job ad numbers declined slightly.

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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.