Biggest fall in job ads in 16 months

Thursday, 9 September 2021

Preliminary skilled job vacancies in August fell by 5.6% (12,828 job ads) to 216,031, and have fallen 9.1% since peaking at 240,039 in May, according to the National Skills Commission.

It was the biggest monthly fall in 16 months. Nevertheless, job vacancies are still way above pre-COVID levels:

Locked-down NSW has predictably driven the job ad declines:

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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.