ANZ: Job advertising suggests stabilising labour market conditions

Date published : 10  April  2012 

JOB ADVERTISING SUGGESTS STABILISING LABOUR MARKET CONDITIONS

Highlights

  • The number of job advertisements on the internet and in newspapers rose 1.0% m/m in March, following solid rises in January and February. Total job advertisements were 2.8% higher than in March 2011 and are now at the highest level since November 2008. 
  • The rise in job advertising was driven by a 1.0% rise in internet job advertisements, which were 4.1% higher than a year ago. 
  • Newspaper job ads fell 0.6% m/m in March, to be 22.0% below levels from one year ago.
  • In trend terms, total job ads rose by 2.0% m/m in March to be 3.3% higher than a year earlier. Trend growth in job advertising has now been positive since November 2011.

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