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Free AccessMNI China Press Digest Sep 15: RRR Cut, Commodity, Tourism
MNI: PBOC Cuts 14-Day Reverse Repo Rate, MLF Rate Unchanged
MNI: PBOC Yuan Parity Lower At 7.1786 Friday; -4.02% Y/Y
SEEK: Job Ad Volumes At 80% Of Pre-COVID Levels In Recent Weeks
SEEK note that "in the fortnight ended 27 Sep '20, job ad volumes across Australia were 80% of pre-COVID levels. This is a continuation of the strong growth seen in August and is the highest national job ad figure since COVID began having an impact in March. South Australia and Western Australia have joined Tasmania and Northern Territory as having a higher number of jobs listed on seek.com.au than in February, surpassing pre-COVID levels. With strong growth in areas like Manufacturing, Transport & Logistics, Trades & Services, Community Services & Development, Retail & Consumer Products and Hospitality & Tourism, Queensland has gone beyond 90% of pre-COVID levels. New South Wales, which has Australia's largest labour market, has job ads at 77% of pre-COVID levels. Victoria is also getting closer to reaching its highest level of job ads since the pandemic began, at 56% of pre-COVID levels and as local restrictions are set to ease in mid-October we hope to see further improvement in job ads. We are hopeful that this positive national trend will continue alongside the typical seasonal increase in roles being advertised in Retail & Consumer Services and Hospitality & Tourism, in advance of the Christmas holiday period."
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