Job applications remain at historic highs, far outweighing the number of jobs being advertised.
SEEK's revealed job ads dropped 2% in December and are down 22% on 2023.
While the number of applications per ad also dropped 2%, they remain 32% higher than in 2023.
Country Manager Rob Clark told Ryan Bridge that since June they’ve seen job ads decline by just 1%, but certainly at the start of 2024 they saw a pretty significant decline.
He says the feeling is that we’ve hit the bottom and are bouncing along it, but they’re not seeing a ton of green shoots at the moment.
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The Mike Hosking Breakfast