More bad jobs market signals

David Llewellyn-Smith

Wednesday 13 August 2025

There is accumulating bad news in the Aussie jobs market.

As we know, there is supposed to be a handoff underway from public to private sector jobs. But it isn’t happening.

Moreover, AI appears to be hitting entry-level positions for youth, a key job leading indicator.

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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.