SEEK jobs market falls apart

Tuesday, 26 March 2024

SEEK’s February report is out and paints a darkening picture for job seekers:

Unless you work at SEEK and then the market is tight as a drum and super loose as well, which is their way of saying immigration is having an impact:

The weakness is broad-based:

And Albo’s Indian army is on the march:

Goodbye, wage growth and ABS credibility.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.