Job vacancy data from a major Australian job seeker website suggests availability of work may be starting to turn the corner.Western Australia and South Australia have experienced the smallest falls, while New South Wales and Victorian job seekers appear to have been worst hit in the pandemic.
But Seek says the Australian job market may have reached the bottom of the curve, with unreleased early May data showing a marginal improvement in job listings. One of the latest estimates is that almost one million people have lost their jobs in the crisis, and official unemployment statistics for April will be released later today.
Unemployment rose slightly last month to 5.2 per cent, but the data covers a period before the global pandemic was declared, and before restrictions were imposed in Australia.Reporting by Casey Briggs.
'may be about to turn a corner'. This is just propaganda isn't it?