Mixed news for Aussie job market

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SEEK has released its November labour market data, which contains both positives and negatives.

SEEK reported a 0.5% decline in job ads over the month of November. Job ads were also down 0.9% over the quarter and 1.9% year-on-year.

However, the number of applications per job ad held stable at a historically high level.

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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.