Australian job postings continue to rise

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With lengthy lockdowns drawing to an end, job hiring activity is picking up.

New data from global jobs site Indeed, posted on Twitter by economist Callam Pickering, showed that Australian job postings continued to rise over the week to 1 October:

On 1 October, postings were 52.8% above their level on 1 February last year. Growth was driven primarily by a 1.8% weekly increase in NSW postings, as businesses position themselves for re-opening, with NSW postings now only slightly below their level at mid-year:

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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.