Aussie workers are enjoying the best jobs market in generations

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Indeed economist, Callam Pickering, has updated his job postings data to 4 February 2022, which shows that new postings are running 92% above their pre-COVID level, whereas total postings are running 96% above their pre-COVID level:

Interestingly, the lift in job postings is being driven by Victoria (104%) and NSW (102%), which are running well ahead of the rest of Australia (86%):

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According to Pickering:

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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.