Australia’s labour market eases gradually

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The latest batch of data suggests that Australia’s labour market continues to ease gradually.

SEEK’s latest employment report shows that job ads continue to trend lower and applications per job ad higher:

SEEK job data

SEEK’s data continues to point to a rising unemployment rate:

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Job ads versus unemployment

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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.