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.
