SEEK job ads signal slowing labour market

Thursday 14 July 2022

SEEK has released its June job ads report, which suggests that Australia’s labour market may finally be losing momentum with every jurisdiction reporting a fall in job ads – the first time that has happened since the pandemic began in April 2020:

First decline in six months.

The below table summarises the movements:

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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.