Which state has the tightest jobs market?

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Earlier this week I presented the below chart showing that Australia’s jobs market was the tightest on records dating back to 1983, as measured by the number of people unemployed and underemployed per job vacancy:

Unemployed per job vacancy

Tightest labour market on record.

Specifically:

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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.