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SEEK has released job ads data for September, which rebounded 6.0% month-on-month to be up 56.7% year-on-year. Job ads were also 24.7% higher than they were in September 2019:
However, in a sign that Australia’s job market is incredibly tight – thanks to the sharp reduction in migrant workers – actual applications per jobs have tanked, down 0.8% month-on-month and 34.9% compared with September 2019:
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The next graphic shows job ads by state and territory, which have bounced hard across every jurisdiction:
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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.
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