Rapid hiring growth, driven by the reopening of the Sydney and Melbourne economies, points towards further tightening of the Australian labour market.
Despite lockdown, postings rebound in New South Wales, pushing national postings to a two-month high. That’s a strong sign ahead of restrictions easing later this year.
While job postings continue to soften, the overall decline has been modest compared with extended lockdowns last year.
Although job postings have declined, the fall has been modest compared with extended lockdowns last year.
Despite widespread lockdowns, Australian hiring activity remained healthy throughout July and that bodes well for the remainder of the year.