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SEEK’s Employment Report is out and the key takeaway is the big rise in the number of applicants per job advertisement.
Job ads increased month-on-month for the first time since May 2022, rising by 2.8%:
However, job ads were down 8.1% year-on-year, driven by Victoria (-13.8%) and NSW (-8.5%):
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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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