How Australia’s job market has changed during COVID?

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The ABS released detailed labour market data for the November quarter of 2021, which provides a good snapshot of how the jobs market has changed over the pandemic.

Australia gained 185,300 jobs over the November quarter as NSW, Victoria and the ACT emerged from lockdowns. These gains were broad-based, with the exception of manufacturing, which lost a whopping 136,700 jobs (after rising 91,500 the prior quarter). Utilities (-9,500) and Real estate (-4,900) also lost jobs:

Since the COVID pandemic began (i.e. compared with February 2020), Australia has added 179,400 jobs. However, the distribution of these jobs is highly uneven.

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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.