Original article by Michael Roddan
The Australian – Page: 2 : 27-Sep-19

Job vacancies in Australia declined by 1.9 per cent over the year to August, according to figures released by the Australian Bureau of Statistics. Private sector vacancies fell by 2.6 per cent over the period, while public sector vacancies surged 10.8 per cent. Callum Pickering from job site Indeed says there are now three people unemployed for every job vacancy, while ABS chief economist Bruce Hockman says the decline in job vacancies in the year to August was the biggest fall since February 2014. The figures increase the likelihood that the Reserve Bank will cut interest rates when it meets on 1 October.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS RESERVE BANK OF AUSTRALIA