Measures the monthly change in skilled job vacancies across Australia . Expressed as an index, the Skilled Vacancies Index is a leading indicator for the Australian Labor market. A high number of vacancies indicate a job market where labor is in demand and employers are pressured to increase wages. Rising wages put upward pressure on inflation than can lead to interest rate changes. On the other hand fewer skilled vacancies imply a tighter job market where skilled workers face greater difficulty finding employment, possibly weighing wages down.

The headline value is the percentage change in the Skilled Vacancies Index (SVI) from the previous month.

Relevance : Rarely affects markets
Release schedule : 1:00 (GMT); monthly, the last week of every month
Revisions schedule : Revisions are published monthly for the data up to six months back from the current release.
Source of report : Department of Employment and Workplace Relations
Web Address : http://www.workplace.gov.au/
Address of release : http://www.workplace.gov.au/workplace/Category/Publications/LabourMarketAnalysis/VacancyReports/
AKA: Skilled Vacancies Index