Australia’s job market ‘structurally weak’

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Seek released its latest employment report for Australia, which suggests the job market is deteriorating.

The number of jobs advertised on Seek fell by 3.0% in March and was 12.8% lower year-over-year.

Ad volumes declined in every state and territory.

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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.