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Last week, the ABS released job vacancies data for February, which surged to another all-time high:
Record high job vacancies.
This took the ratio of unemployed and underemployed Australians per job vacancy to the lowest level on record:
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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.