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Thursday, 14 November 2019

Seek jobs ads down 8pc

Job ads sinking

Seek's job advertisement figures for October 2019 were negative year-on-year, in line with other job vacancies surveys.

Year-on-year ads were down -7.8 per cent.

The New South Wales jobs boom is finally over as construction slows, with ads down by -14.5 per cent over the year. 


Source: Seek

Analysis by Greg Jericho at The Guardian showed that full employment and wages growth might not happen until the unemployment rate hits 3½ per cent. 

Buckley's chance of that as unemployment looks more likely to rise further based on these numbers.