ABS job vacancies soar toward 500k
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The Australian Bureau of Statistics (ABS) has today released job vacancy data for the May quarter, with the total number of vacancies soaring to 480,100 – roughly double the pre-COVID level:

All states and territories have experienced a sharp lift in job vacancies over the pandemic:

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The next chart shows the increase in job vacancies over the pandemic across jurisdictions. Interestingly, the smaller jurisdictions have experienced the biggest increases – both in raw numbers terms and proportionally:

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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.