Powered by MOMENTUM MEDIA
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.

Job market shrinks

Staff Reporter 1 minute read

Job ads continued to fall in July but the overall rate of decline has slowed compared to previous months, ANZ’s Job Ads data showed yesterday.

The total number of jobs advertised was down by a seasonally adjusted 0.3 per cent to 261,936 per week. This followed a sharper fall of three per cent in June.

The figure was still 5.5 per cent higher than 12 months ago.

ANZ head of Australian economics Warren Hogan said the data was indicative of a softening in hiring intentions across the country.

“The level of job advertisements remains at high levels, particularly internet ads,” he said.

Advertisement
Advertisement

“However, recent trends in job advertisements suggest that we will see an easing of employment growth in coming quarters, consistent with the slowing in domestic economic conditions,” he said.

Published: 05-08-08

Job market shrinks
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
GlennGibson Cashback offers driving new consumer behaviour

More borrowers are looking at refinancing to take advantage of sh...

Peter White FBAA warns against volume-based incentives

The Finance Brokers Association of Australia has urged lenders to...

Sam white Why COVID-19 broking trends are here to stay

Loan Market executive chairman Sam White has commended brokers fo...

FROM THE WEB