Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Labour demand remains strong

Staff Reporter 1 minute read

Economic data released yesterday shows signs that the domestic economy continues to flourish.

The labour market is particularly healthy, with the ANZ Jobs Advertisements series revealing a 7.1 per cent surge in job advertisements over the month of December.

This represented the strongest monthly increase since May 2007 and a 31 per cent increase from December 2006.

“The surge in the number of job advertisements in December indicates the demand for labour remains very strong,” ANZ chief economist Saul Eslake said.

“The forward nature of the relationship between the Job Advertisements series and employment suggests that employment growth will increase moderately over coming months. As a result, the current tight labour market conditions are expected to continue well into 2008,” he said.

 

Labour demand remains strong
default
TheAdviser logo
default

 

more from the adviser
mortgage payments money Quiet January period hammers mortgage activity

NSW has led the states in a steep fall in mortgage market activit...

cars ta Nodifi expands into novated leasing

The asset finance platform has released a novated leasing service...

handshake 2 AFG adds specialist lender to lender panel

The aggregation group has appointed a specialist lender to its as...

FROM THE WEB