In the aftermath of the release of the ANZ Bank job advertisement series on Monday, Treasurer Scott Morrison proudly tweeted that the figures showed: “almost 170,000 jobs advertised in May. Job ads now at the highest level since August 2011.”
Don’t celebrate, ScoMo: job ad stats mask ugly truth about the labour market
The news of rising job ads is a welcome respite from the general gloom in the recent set of economic news. But it's a small piece in a much larger puzzle.