Hiring freezes kill Australia’s jobs boom

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The latest job ads data from the National Skills Commission (NSC) fell by 5.9% in September and has clearly passed the peak:

Internet job vacancies

Job ads pass their peak.

The same can be said about SEEK’s latest job ads data, which fell 5.2% in September and has now fallen for four consecutive months:

Seek job ads

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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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