Australia Job Vacancies Bounce 2.9% in May Quarter, ABS Data Shows

Job market defies economic slowdown

Fresh figures released by the Australian Bureau of Statistics shows job vacancies were up 2.9 per cent in the three months until May.

Australia job vacancies bounce 2.9% in May quarter, ABS data shows

SYDNEY (Reuters) -Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors, data showed on Thursday, in a sign demand for labour remained resilient despite a soft economy. Figures from the Australian Bureau of Statistics (ABS) showed vacancies bounced 2.9% in the three months to May, partly reversing a 4.3% drop in the previous quarter ended February. Job openings were still down 2.8% …

Australia job vacancies bounce 2.9pct in May quarter, ABS data shows

SYDNEY: Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors, data showed on Thursday, in a sign demand for labour remained resilient despite a soft economy. © New Straits Times Press (M) Bhd

Australia’s worker shortage crisis cruelling productivity growth

“As Australia’s worker shortage crisis enters its fifth year, the nation will not see productivity growth if the federal government continues to refuse to remove the regressive and unfair tax and red tape barriers stopping Australians who want to work from working,” said Saxon Davidson, Research Fellow at the Institute of Public Affairs. Today, the latest Australian Bureau of Statistics’ job vacancy data reveals that worker shortages are 42.9 pe…